Question: If Qs= 10p - 40, and Qd = 400 - 20p + 0.001 income, what is the equilibrium price when income is $40,000? Group of

If Qs= 10p - 40, and Qd = 400 - 20p + 0.001 income, what is the equilibrium price when income is $40,000?

Group of answer choices

4

22

20

16

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