If the supply and demand functions of a good are P = 3Q + 20 and P = - 20 + 50, the equilibrium price is O a. 6 O b. 5 O C.40 O d. 38

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Chapter2: Second-order Linear Odes
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This multiple choice question from BUSINESS MATHEMATICS course.
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16
If the supply and demand functions of a good are P = 3Q +
20 and P = - 2Q + 50, the equilibrium price is
O a. 6
O b. 5
O C 40
O d. 38
Transcribed Image Text:16 If the supply and demand functions of a good are P = 3Q + 20 and P = - 2Q + 50, the equilibrium price is O a. 6 O b. 5 O C 40 O d. 38
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