Question: 1) Solve Px Equilibrium 2) Prove that your computed PX is correct by determining the equilibrium quantity (Q) 3) what is the market condition if

 1) Solve Px Equilibrium 2) Prove that your computed PX is

correct by determining the equilibrium quantity (Q") 3) what is the market

1) Solve Px Equilibrium 2) Prove that your computed PX is correct by determining the equilibrium quantity (Q") 3) what is the market condition if the 4) What is the market condition if the prevailing price in the market is 5 (P=5)? prevailing price in the market is 30 (P=30)? 5) Prepare demand and supply schedule

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