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Answer to Question #64933 in Macroeconomics for tavonn

Question #64933
At the medium level of demand (D M), the equilibrium price will be $________ and the equilibrium quantity will be ________ units.
Expert's answer
If 100 units of output is the optimal and most profitable level of production for the firm, then at the medium level of demand (D M), the equilibrium price will be $20 and the equilibrium quantity will be 100 units.

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