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Consider a demand curve of the form graph both curves using

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Consider a demand curve of the form qd=20-2p where qd is the quantity demanded of goods and p is the price o the good. also consider a supply curve of form qs =2p-4 is the quantity supplied.Graph both curves using the appropriate scale for 2<p<10. Determine the equilibrium price and quantity. Carefully label all axes ans curve.

Reference no: EM13295083

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