Question: h. Given that the demand function is p = D(q) = 28 - 2.25q and that the supply function is p = S(q) = 1.25q,

h. Given that the demand function is p = D(q) = 28 - 2.25q and that the supply function is p = S(q) = 1.25q, find the equilibrium quantity and the equilibrium price. The equilibrium quantity is 800 watches. The equilibrium price is $

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