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Homework answers / question archive / Suppose the market demand and supply functions are QD = 2380 - 5P and QS = 12P + 1785

Suppose the market demand and supply functions are QD = 2380 - 5P and QS = 12P + 1785

Marketing

Suppose the market demand and supply functions are QD = 2380 - 5P and QS = 12P + 1785.

Determine the equilibrium price and quantity in this market.

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