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Imagine the market for Good X has a demand function of QDX=200 -2Px-Py+1m and a supply function of Qsx =2px-2pw where Px is the price of Good X ,Pyis the price of Good Y and M is the average consumer price. Pw is the price of Good W which is an input to the productio of Good X. If Py =10 Pw=50 M=2700 what is the price of X in equilibrium
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Imagine the market for Good X has a demand function of QDX=200 -2Px-Py+1m and a supply function of Q...
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