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The Demand Curve Is P = 800 - 25QD

Question 113

Multiple Choice

The demand curve is P = 800 - 25QD.The supply curve is P = 500 + 25QS.At market equilibrium,the equilibrium quantity is ________ and the equilibrium price is ________.


A) 25;0.17
B) 650;6.0
C) 0.17;25
D) 6.0;650
E) 1,300;zero

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