homework - Demand Supply Quantity Price ormulas for Supply...

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Table 1: Market Supply and Demand for Widgets at various prices. Price Supply Demand $1  0 55 $2  5 50 $3  10 45 $4  15 40 $5  20 35 $6  25 30 $7  30 25 $8  35 20 $9  40 15 $10  45 10
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0 10 20 30 40 50 60 $0 $2 $4 $6 $8 $10 $12 Figure 1: Suppy and Demand For Widgets
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Unformatted text preview: Demand Supply Quantity Price ormulas for Supply and Demand Quantity Price Cost 100 7 4 TR TC Profit 28 28 AR AC AVG Prof 0.28 4 Quantity Profit 100 300 200 600 300 900 400 1200 500 1500...
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homework - Demand Supply Quantity Price ormulas for Supply...

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