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Answer to Question #28636 in Economics of Enterprise for kalaputse
Question #28636
ffdetermine the quantity of computers bought an sold at equilibrium. if the demand and supply curve for computers are; D=100q-6P, S=28q+3P, where P is the price of computers, and q is the quantity. a)In December, the price of Christmas trees rises and the quantity of trees sold rises. is this a violation of the law of demand? b)Find the slope of an assumed linear demand curve for the theatre tickets, when persons purchase 1000 at $5.00 per ticket and 200 at $15.00 per ticket
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