Question: The demand for watches is given by b = 7000 - 29 dollars, And the supply of watches is given p = 0.0109 + 2q

The demand for watches is given by b = 7000 - 29

The demand for watches is given by b = 7000 - 29 dollars, And the supply of watches is given p = 0.0109 + 2q + 1000 dollars, Where q is the number of watches demanded and supplied when the price per watch is p dollars. Based on the information provided, calculate the equilibrium quantity and equitbrium price for watches

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