HW chap 14-1

10 nogradeadjustmentrequired worksheet

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Unformatted text preview: am cones? Instructions: Round your answer to the nearest whole number. 10 . No grade adjustment required. Worksheet Section: Short­Run and Long­Run Competitive Equilibrium The market demand function for ice cream cones is Qd = 19.5 – 3.5P. The market supply function for ice cream cones is QS = 10P – 17 a. What is the equilibrium price in the market for ice cream cones? Instructions: Round your answer to 2 decimal places. $ 2.7 ± 0.01 . b. What is the equilibrium quantity in the market for ice cream cones? Instructions: Round your answer to the nearest...
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This note was uploaded on 01/22/2014 for the course ECO 3352 taught by Professor Ax during the Fall '13 term at Troy.

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