Suppose initially the demand for towels is given by qd = 100− 5p, and the supply of towels is given by qs = 10p. now suppose that at every price, 20 fewer towels are offered for sale. what is the new equilibrium

Suppose initially the demand for towels is given by qd = 100− 5p, and the supply of towels is given by qs = 10p. now suppose that at every price, 20 fewer towels are offered for sale. what is the new equilibrium price in the market?

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Suppose initially the demand for towels is given by qd = 100− 5p, and the supply of towels is given by qs = 10p. now suppose that at every price, 20 fewer towels are offered for…

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