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The demand function is given as:- 3Q - 15 = P And the supply function is 30 - 6Q = P Calculate the equilibrium quantity

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter3: Market Demand And Supply

Section: Chapter Questions

Problem 18SQ

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The demand function is given as:-

3Q - 15 = P

And the supply function is

30 - 6Q = P

Calculate the equilibrium quantity

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