Question: Suppose Q D = 200 4P and Q S = 100 describe market demand and market supply in a given market. a. Algebraically find

Suppose QD = 200 – 4P and QS = 100 describe market demand and market supply in a given market. 

a. Algebraically find equilibrium price and quantity and support your answer graphically. 

b. What is unusual about this market? Give an example of a good or service that might be characterized in this way.

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