Question: Supply: p = p=+8 Demand: p = 65-129 - 29 (a) Sketch the first-quadrant portions of those functions on the same set of axes.

Supply: p = p=+8 Demand: p = 65-129 - 29 (a) Sketch

Supply: p = p=+8 Demand: p = 65-129 - 29 (a) Sketch the first-quadrant portions of those functions on the same set of axes. Label the market equilibrium point E. P 80 60 Supply 40 40 20 P 80 60 40 Demand E q 1 2 3 4 5 Demand P 80 Supply 60 40 E 20 P 80 60 40 Demand 1 2 3 5 Demand

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