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Question: the demand for coffee is given by the following equation...

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The demand for coffee is given by the following equation, where G stands for the quantity demanded and Pstands for price. QD 100- 4P The supply of coffee is given by the following equation, where OS stands for the quantity supplied and Pstands for price. a. What is the slope of demand? Slope- b. At what price is quantity demanded equal to zero (this is, graphically, the vertical intercept of Demand) es c. What is the slope of supply? Slope-

b. At what price is quantity demanded equal to zero (this is, graphically, the vertical intercept of Demand) P= c. What is the slope of supply? Slope- pok d. At what price is quantity supplied equal to zero (this is, graphically, the vertical intercept of Supply)? int ences e. In the diagram below use the tool provided to identify the equilibrium price P and quantity O -the solution to this system of two equations.

quired information 45 40 35 30 10 -5 -10」 0 10 20 30 40 50 60 70 80 90 100 110 Quantity Prev 32 33 of 33 N

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