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(Advanced Analysis)Answer the Question on the Basis of the Following

Question 126

Multiple Choice

(Advanced analysis) Answer the question on the basis of the following information.The demand for commodity X is represented by the equation P = 10 - 0.2Q and supply by the equation P = 2 + 0.2Q. Refer to the given information.The equilibrium quantity is:


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

Correct Answer:

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