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Sedbober [7]
3 years ago
10

Suppose the price is $10, the quantity supplied is 50 units, and the quantity demanded is 100 units. For every $1 rise in price,

the quantity supplied rises by 5 units and the quantity demanded falls by 5 units. What is the equilibrium price and quantity?
Business
1 answer:
aleksley [76]3 years ago
8 0

Answer:

500

Explanation:

5 x 100

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Answer:

Lake's operating income is $120000

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The formula for operating income = Sales - Cost of Sales - operating expenses.

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<em>brainly.com/question/542317</em>

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