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Given Demand function: Q_{d}=5 P+10; Supply function: Q_{s}=7 P-5. The equilibrium ...

Given Demand function: Q_{d}=5 P+10; Supply function: Q_{s}=7 P-5.
The equilibrium quantity is ____________
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  • A 50
  • B 55
  • C 75.5
  • D 47.5
  • E 55.5
Correct Answer: Option D
Explanation:

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