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QUESTION
For each of the following sets of supply and demand curves, calculate equilibrium price and quantity. QD = 2000 - 2P QS = 2P b. QD = 500 - P QS = 50...
19. For each of the following sets of supply and demand curves, calculate equilibrium price and quantity.a. QD = 2000 - 2P QS = 2Pb. QD = 500 - P QS = 50 + Pc. QD = 5000 - 10P QS = -1000 + 5P
