The demand equation for a product is p001q2-11q30 and the
The demand equation for a product is p=0.01q2-1.1q+30 and the supply equation is p=0.01q2+8. Find the equilibrium point (po,qo) and determine the consumer surplus under market equilibrium.
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the demand equation for a product is p001q2-11q30 and the supply equation is p001q28 find the equilibrium point poqo
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