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Question: the demand curve for a product is given by the...

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The demand curve for a product is given by the equation Qa 60 4 P And the supply curve for the product is given by the equation Qs = 3 P - 10. (P is measured in S) The absolute value of price-elasticity of demand at the market equilibrium price and quantity is (a) 0.15 (b) 0.75 (d) 2.0

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