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What is the equilibrium price and quantity of martin guitars

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Reference no: EM13335831

Suppose you are hired by the Martin guitar company as an economic consultant. You estimate the demand for Martin guitars to be Q = 9,000 – 6P.

a) Suppose the supply of Martin Guitars is given by Q = -3000 +9P. What is the equilibrium price and quantity of Martin guitars?

Reference no: EM13335831

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