The supply curve for sugar is given as Supply: Qs = 1750 + 24P and demand for sugar is given as Demand: Ds = 3270 – 26P; where P is price in SR per kg. What will be the equilibrium price and equilibrium quantity in the free market?
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- The supply curve for sugar is given as Supply: Qs = 1750 + 24P and
demand for sugar is given as Demand: Ds = 3270 – 26P; where P isprice in SR per kg. What will be theequilibrium price andequilibrium quantity in the free market?
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