Market is defined by demand q16-2p supplyq42p given these
Market is defined by: Demand: Q=16-2P Supply:Q=4+2P. Given these equations, find the equalibrium in the market. Equalibrium Price? Equalibrium Quantity? Then find the shortage that exists when actual price is equal to P=2.
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market is defined by demand q16-2p supplyq42p given these equations find the equalibrium in the market equalibrium
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