The sugar market has a supply curve with formula: Ps = 5 + 0.1Qs, and demand curve: Pd = 68-0.32QdApproximately what is the equilibrium price for sugar?16.414.620.01018.4 The sugar market has a supply curve with formula: Ps= 5 + 0.1Qs, and demand curve: Pd = 68-0.32QdApproximately what is the equilibrium quantity for sugar?1501301429126

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The sugar market has a supply curve with formula: Ps = 5 +0.1Qs, and demand curve: Pd = 68-0.32Qd Approximately what is the equilibrium price for sugar?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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