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The Demand Curve Is P = 700 - 10QD

question 164

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The demand curve is P = 700 - 10QD.The supply curve is P = 400 + 5QS.At market equilibrium, the equilibrium quantity is _______ and the equilibrium price is _______ .


Definitions:

Sales Presentations

Structured talks or demonstrations given to potential buyers with the objective of promoting a product or service.

Sales Strategy

A plan or approach designed to promote and sell a product or service effectively, maximizing revenue and market share.

Salesperson Career Path

The progression of stages or steps a salesperson can take in their career, from entry-level positions to senior sales roles or management.

Xerox

Originally a company known for its photocopying products, the term Xerox also colloquially refers to the act of photocopying.

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