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How do I solve this:Assume the demand for the commodity is represented by the equation P = 10 - 0.20Qd and supply by the equation P = 2 +0.20Qs where Qd and Qd are quantity demanded and quantity supplied, respectively and P is the price. Using the equilibrium condition Qd = Qs, solve the equations to determine equilibrium price and quantity.Need your help on this! Thanks!!
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