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Solve the Problem. -Find the Equilibrium Point for the Given Demand and Supply

Question 213

Multiple Choice

Solve the problem.
-Find the equilibrium point for the given demand and supply curve. p = 524 - 3x (demand)
P = 3x - 412 (supply)


A) (-412, 524)
B) (56, 156)
C) (521, 415)
D) (156, 56)

Correct Answer:

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