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The market for N-95 masks is perfectly competitive. Market Demand is given by Q=465-2P and Market Supply is given by Q=3

Posted: Sun Jun 05, 2022 4:08 pm
by answerhappygod
The Market For N 95 Masks Is Perfectly Competitive Market Demand Is Given By Q 465 2p And Market Supply Is Given By Q 3 1
The Market For N 95 Masks Is Perfectly Competitive Market Demand Is Given By Q 465 2p And Market Supply Is Given By Q 3 1 (12.78 KiB) Viewed 44 times
The market for N-95 masks is perfectly competitive. Market Demand is given by Q=465-2P and Market Supply is given by Q=3P. The government imposes a price floor of $54. What is market price with this price floor?