Question: Suppose that supply and demand for a certain commodity are described by the supply curve, p=0.0002q +0.03, and demand curve, p -0.0024*65.15. Determine the quantity

Suppose that supply and demand for a certain commodity are described by the supply curve, p=0.0002q +0.03, and demand curve, p -0.0024*65.15. Determine the quantity of the commodity that will be produced and the selling price. The quantity of the commodity that will be produced is 32575

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