Microeconomics a $5 subsidy was added by the government Q = 3P-5 P = 26.25 Quantity Exchanged = Quantity Supplied = 3($26.25) - $5 = 72.5 How did you get 72.5? Show calculation

ENGR.ECONOMIC ANALYSIS
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Microeconomics
a $5 subsidy was added by the government
Q = 3P-5
P = 26.25
Quantity Exchanged = Quantity Supplied = 3($26.25) - $5 = 72.5
How did you get 72.5? Show calculation
Transcribed Image Text:Microeconomics a $5 subsidy was added by the government Q = 3P-5 P = 26.25 Quantity Exchanged = Quantity Supplied = 3($26.25) - $5 = 72.5 How did you get 72.5? Show calculation
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