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Question 21

Given Demand function: Qd = 5P + 10; Supply function: Qs = 7P - 5. The equilibrium quantity is

  • A.50
  • B.55
  • C.75.5
  • D.47.5
  • E.55.5
Objective

Question details

Exam body
UI
Subject
Economics
Year
2014/2015
Question no.
#21
Type
Objective
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