Question: Given the supply function Qs = 10 + 4p and the demand function Qd = 90 4p. What will happen if a price of P15

Given the supply function Qs = 10 + 4p and the

Given the supply function Qs = 10 + 4p and the demand function Qd = 90 4p. What will happen if a price of P15 will be charged in the market instead? By how much is the amount of shortage or surplus? Show solutions

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