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Use the following information to answer the following questions.
Market for flat-screen TVs:
Demand: Qd = 2,600 - 5P
Supply: Qs = -1,000 + 10P
-What would be the quantity demanded if a price floor is set at $100?
Social Mobility
The relocation of single persons, family units, or collective entities across different levels of societal rank or class structure.
Dot-com Boom
A period of rapid growth and investment in internet-based companies during the late 1990s, characterized by high levels of speculation.
Life Prospects
The opportunities and potential future developments available to individuals or groups, often influenced by socio-economic factors.
Social Class
A division of a society based on social and economic status, affecting individuals' lifestyles, education, economic power, and political influence.
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