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Question
Use the following information to answer the following questions.
Market for a new hardcover book:
Demand: Qd = 325 u2013 8P
Supply: Qs = u201360 + 3P
What would be the quantity supplied if a price floor is set at $20?
a. 90
b. 45
c. 265
d. 165
e. 305
Answer
This answer is hidden. It contains 63 characters.
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