Business, 30.03.2021 01:10 nickname278

When the price of a good is $5, the quantity demanded of a good is 30 units, and the quantity supplied of the good is 50 units. For every $1 decrease in the price of this good, quantity demanded rises by 5 units and quantity supplied falls by 5 units. The equilibrium price of this good is and the equilibrium quantity of this good is units.

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When the price of a good is $5, the quantity demanded of a good is 30 units, and the quantity suppli...