Question: 9g: 1,30020P os:1oo + 1009 Show your solution 1) Solve P* Equilibrium 2) Prove that your computed P* is correct by determining the equilibrium quantity

equilibrium quantity (0*) 3) What is the market condition if the prevailing

4) What is the market condition if the prevailing price in the

9g: 1,30020P os:1oo + 1009 Show your solution 1) Solve P* Equilibrium 2) Prove that your computed P* is correct by determining the equilibrium quantity (0*) 3) What is the market condition if the prevailing 4) What is the market condition if the prevailing price in the market is 5 (P=5)'? price in the market is 30 (P=30)'? 5) Prepare demand and supply schedule. 6) Prepare demand and supply graph with a complete label

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