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| Q. |
The equilibrium price and quantity, given the inverse demand and supply functions pD =-3q + 30 and pS = 2q – 5 |
| A. | p = 9 and q = 7 |
| B. | p = 10 and q = 7 |
| C. | p = 9 and q = 8 |
| D. | p = 7 and q = 9 |
| Answer» A. p = 9 and q = 7 | |
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