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the demand for land id given by the function Qd=2500+20P and the supply is given by the function Qs =1000000 Qd= quantity demand Qs= quantity
the demand for land id given by the function Qd=2500+20P and the supply is given by the function Qs =1000000 Qd= quantity demand Qs= quantity supplied and Price solve for the equilibrium price and quantity in this market