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Amount of the surplus at price

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Reference no: EM131877029

Suppose the market is defined by

Demand: Q = 138 - 2P

Supply: Q = 6 + 3P

At a price of P = 40, what is the size of the surplus that will exist in the market?

Type in the amount of the surplus at price P = 40.  Once again, just enter in the number, and do not put in any other text or symbols.

Reference no: EM131877029

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