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Question $1$

Question $2$

Question $3$

Question $4$

Question $5$

Question $6$

Question $7$

Question $8$

Question $9$

Question $10$

Question $11$

Question $12$

Question $13$

Question $14$

Question $15$

Question $16$

Question $17$

Question $18$

Question $19$

Question $20$

Question $21$

Question $22$

Question $23$

Question $24$

Question $25$

Question content area

Part $1$

Suppose that the demand function for aluminum$$ is:

Upper Q equals $40$ minus $0\mathrm{.}2$ p$,$

where p is the price paid by consumers in dollars per pound and Q is the quantity demanded measured in pounds.

The supply curve for aluminum is estimated to$$ be:

Q$=0\mathrm{.}2$p$,$ such that eta $=1.$

Part $2$

The$$ pre$-$tax equilibrium price is $$$

$$

$100($round your answer to the nearest $$penny$).$

Part $3$

The$$ pre$-$tax equilibrium quantity is

$$

enter your response here$($rounded to two decimal places$).$