Question: Demand is given by D = 140 - 0.5p and supply is given by S = 0.5p - 80. Calculate Total Expenditure at the equilibrium

Demand is given by D = 140 - 0.5p and supply is given by S = 0.5p - 80. Calculate Total Expenditure at the equilibrium price and quantity. Round final answer to 2 decimal places

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