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If a Demand Curve and a Supply Curve Can Be

Question 9

Multiple Choice

If a demand curve and a supply curve can be stated functionally as Qd = 500 - 0.1P and Qs = 440 + 0.4P,respectively,then the equilibrium quantity and price (Q,P) would be


A) 150; 150.
B) 50; 176.
C) 150; 485.
D) 488; 120.
E) 940; 0.4.

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