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Consider the market for hardcover books. Suppose that demand is Q = 325 – 8P and...

Consider the market for hardcover books. Suppose that demand is Q = 325 – 8P and supply is Q = -60 + 3P. What would be the quantity demanded if a price ceiling is set at $50? a. 90 b. 45 c. 265 d. 165 e. None of these

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Rahul Sunny answered 2 years ago
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