The demand curve for a product is given by p60-3qd where p

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The demand curve for a product is given by P=60-3Qd, where P is the price of the product and Qd is the quantity demanded for the product. The supply curve for the product is given by P=30+2Qs, where Qs is the quantity supplied for the product.

a) Find the equilibrium price and quantity for the product.

Reference no: EM13373609

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