EthanDunn18351 EthanDunn18351

06-06-2023
Business

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Problem 5 (5 pts) Banana is a normal good. Banana and strawberry are complements in production. What will happen in the banana market if the income of people will decrease and the price of the strawberry increases. Problem 7 (5pts) Assume Qd = 950-23P Qs= 900+27P Find equilibrium price and equilibrium quantity.

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