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Use the following information to answer the following questions.
Market for used cars:
Demand: Qd = 154,000 - 86P
Supply: Qs = -100 + 14P
-What would be the quantity supplied if a price ceiling is set at $2,000?
Seeing Opportunities
The ability to identify and act upon chances for personal or business growth, innovation, or improvement.
Creative Idea
A Creative Idea refers to a novel and useful concept, solution, or insight that seeks to address a problem, improve a situation, or generate value in an innovative way.
Original Thinking
The ability to conceive new and innovative ideas that are not solely based on existing concepts or practices.
Considerable Knowledge
A substantial amount of understanding or information a person has acquired through study or experience regarding a specific subject.
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