PRIN OF MICROECONOMICS
2nd Edition
ISBN: 9780393914085
Author: coppock
Publisher: Norton, W. W. & Company, Inc.
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Question
Chapter 3, Problem 8SP
(a):
To determine
(b):
To determine
Qd and Qs when the price is $20.
(c):
To determine
Market condition at the price of $20.
(d):
To determine
Impact over price due to shortage.
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