Given Demand function: Qd = 5P + 10; Supply function: Qs = 7P – 5. The equilibrium quantity is - SchoolNGR

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Given Demand function: Qd = 5P + 10; Supply function: Qs = 7P – 5. ...

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Economics
Post Utme
Economics

Given Demand function: Qd = 5P + 10; Supply function: Qs = 7P – 5. The
equilibrium quantity is

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Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A 50
B 55
C 75.5
D 47.5
E 55.5

Correct Answer: Option D

Explanation:

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