Card 13 / 59: If supply is q = 7 + 2p and demand is q = 20 – 6p, then what is the market equilibrium price?
A)
1.63
B)
2.33
C)
3.63
D)
4
Answer:
A) 1.63
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Prof.Tony PizurProfessor
Regis University
USA
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