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Business, 14.01.2022 01:20 NeverEndingCycle

The supply and demand functions are given as follows: Qx = 2/3P + 150 and Qx= -1/3P + 450 If the government imposes a price ceiling of $120, the resulting excess demand(or shortage) will be?

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The supply and demand functions are given as follows: Qx = 2/3P + 150 and Qx= -1/3P + 450 If the gov...

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