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Qd=65,000-10,000 (P)

Qs= -35,000 + 15,000 (p)

What is the equilibrium price?

2 answers

set Qs equal to Qd

65000-10000P=-35000+15000P
25000P=100000

P=4
qs-5000-15000-2(7500)+15000p
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