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The Demand Curve Is P = 800 - 25QD

Question 24

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

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