Question: 4. [3 marks] Determine the equilibrium price and quantity for a market with the demand function D(:1:) = 111(3) + 111(20] and the supply function

4. [3 marks] Determine the equilibrium price and quantity for a

4. [3 marks] Determine the equilibrium price and quantity for a market with the demand function D(:1:) = 111(3) + 111(20] and the supply function 5' (113} = 111(21' + 6] where :1: is a. quantity

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