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Suppose the supply curve is Qs = 2P2 - 800.
What is dQs /dP?
What is dQs /dP when the price is 25?
What is dP/dQs?
What is dP/dQs when the price is 25?
What is the vertical intercept of the supply curve?
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A comparison of the two alternatives taking into consideration the tradeoffs related to each of them.
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