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Market demand is p = 540 - q and the market supply equation is p = 60 + 2q. Use this data for the following questions. (The question is in bold bellow)
The competitive equilibrium is:?
Consumer surplus at this competitive equilibrium is:?
Producer surplus at the competitive equilibrium is:?
Please describe how you got the answer for points.
The market demand curve for the industry is D(P) = 240- P/2. At the equilibrium market price, each firm produces 20 units. what is the equilibrium market price, and how many firms are in this industry.
A Monopolist. is constrained by a downward-sloping demand curve. has no incentive to worry about the quality of its product.
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choose one of the distribution methods. write 1-2 paragraphs of 100-200 words that explains the distribution method
The expected inflation rate
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