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What is equilibrium price and quantity for Qd=200-3P and Qs=50+2P?

equilibrium price quantity
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What is equilibrium price and quantity for Qd=200-3P and Qs=50+2P?

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Equilibrium is a term relating to a ‘state of rest’, a situation where there is no tendency to change. In economics, equilibrium is an important concept. ChaCha for now!

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