A market contains the following demand and supply functions: Demand: P = 79 - 0...
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A market contains the following demand and supply functions:
Demand: P = 79 - 0.025Q
Supply: P = 3 + 0.01Q
Calculate the surplus (number of units) if the price is set at $71.
***Remember if the answer is not a whole number to leave two numbers after the decimal point.***
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