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Use the Following Information to Answer the Following Questions

Question 51

Multiple Choice

Use the following information to answer the following questions.
Market for flat-screen TVs:
Demand: Qd = 2,600 - 5P
Supply: Qs = -1,000 + 10P
-What would be the equilibrium quantity for flat-screen TVs?


A) 240
B) 140
C) 24
D) 1,400
E) 1,600

Correct Answer:

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