Question: The demand for a commodity is given by QD = 100 - 2P, and the supply by QS = 10 + P. What is the
The demand for a commodity is given by QD = 100 - 2P, and the supply by QS = 10 + P. What is the equilibrium price and quantity? If a subsid of $6 per unit is imposed, what will be the new equilibrium after the subsidy? What are the buyer price and sellers price
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