Multiple Choice
Given the supply and demand functions
P = QS2 + 10QS + 30
P = - QD2 - 8QD + 200
Calculate the equilibrium price, correct to 2 decimal places.
A) 89.59
B) 48.64
C) 5.76
D) 120.76
E) 142.39
Correct Answer:
Verified
Correct Answer:
Verified
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