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Question
Use the following information to answer the following questions.
Market for flat-screen TVs:
Demand: Qd= 2,600 5P
Supply: Qs= 1,000 + 10P
What would be the quantity demanded if a price floor is set at $100?
a. 240
b. 2,100
c. 0
d. 1,400'
e. 700
Answer
This answer is hidden. It contains 63 characters.
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