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What average monthly fee would demand equal zero

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Reference no: EM131785484

QD = 3,000 - 10P

QS = -1,000 + 10P

Where Q is the number of businesses that need services and P is the monthly fee, in dollars.

a. At what average monthly fee would demand equal zero?

b. At what average monthly fee would supply equal zero? QS = -1,000 + 10P

c. Plot the supply and demand curves

Reference no: EM131785484

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