Question: The demand function for fountain pens last week is given as Qa = 14 - 2P. If two fountain pens are sold at $4.00 each

The demand function for fountain pens last week is given as

Qa = 14 - 2P. If two fountain pens are sold at

The demand function for fountain pens last week is given as Qa = 14 - 2P. If two fountain pens are sold at $4.00 each at the end of this week: A. Formulate the supply function. B. Find the equilibrium price. C. Find the equilibrium quantity. |

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