Question: 7 Consider following demand and supply functions: D: P=100 - 4Q; S: P-20+4Q. Equilibrium price and quantity are respectively given by: O Q-50; P-5 O

Consider following demand and supply functions: D: P=100 - 4Q; S: P-20+4Q. Equilibrium price and quantity are respectively given by: O Q-50; P-5 O Q-10; P-60 O Q-20: P-20 O Q 4: P-4

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