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Finding equilibrium price and quantity

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For each of the following sets of supply and demand curves, calculate equilibrium price and quantity.

a. QD = 4000 - 4P; QS = 4P

b. QD = 1000 - P; QS = 100 +P

c. QD = 5000 - 10P; QS = -1000 + 5P

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Optimal price and quantity is obtained from supply and demand curves

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a. QD = 4000 - 4P; QS = 4P

To obtain equilibrium point QD = QS, ...

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