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The supply function for a product is , while the demand function for the same product is
. Find the market equilibrium point E(q, p) . Round your final answer to two decimal places.
Spontaneous Financing
Financing that arises naturally from the normal operation of a business, such as trade credit from suppliers.
Seasonal Working Capital
Additional funds a business may need at certain times of the year to manage increased operational activities.
Clean-Up Requirements
Environmental or legal directives that mandate the remediation of pollution or contaminants from a site.
Compensating Balance
A minimum account balance that a borrower is required to maintain with a lender, which can reduce the effective amount of loan available to the borrower.
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