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    Macroeconomics Study Set 68
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    Exam 3: Demand, Supply, and Market Equilibrium
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    (Advanced Analysis) the Demand for Commodity X Is Represented by the Equation
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(Advanced Analysis) the Demand for Commodity X Is Represented by the Equation

Question 110

Question 110

Multiple Choice

(Advanced analysis) The demand for commodity X is represented by the equation P = 100 - 2Q and supply by the equation P = 10 + 4Q. The equilibrium quantity is


A) 10.
B) 20.
C) 15.
D) 30.

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