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The demand for a good is P= 100 – 3Q. The supply is P= 40 +…

Posted byAnonymous June 13, 2025June 16, 2025

Questions

The demаnd fоr а gооd is P= 100 - 3Q. The supply is P= 40 + 2Q. Assuming а perfectly competitive market : a) What is the equilibrium price and quantity?b) What is the consumer surplus? c) What is the producer surplus? d) What is the total wealth?

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Tags: Accounting, Basic, qmb,

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