The demand for sugar is p 100 - 2q the supply is p 10 q
The demand for sugar is P = 100 - 2Q, the supply is P = 10 + Q, where Q is millions of pounds and P is in cents. Calculate the surplus and minimum deadweight loss that would result if a price support of 60 cents was enacted.
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the demand for sugar is p 100 - 2q the supply is p 10 q where q is millions of pounds and p is in cents calculate
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