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What is the equilibrium quantity and equilibrium price

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Suppose at a soccer game, ticket demand is given by Pd = 40 0.5Qd and ticket supply is given by Ps = 10 + 0.5Qs. What is the equilibrium quantity and equilibrium price? (a) Q = 30 and P = 30 (b) Q = 25 and P = 30 (c) Q = 40 and P = 32 (d) Q = 30 and P = 25

Reference no: EM132661428

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