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Suppose milk and cereal are compliments and the demand for milk is ,where
stands for millions of gallons of milk demanded,
stands for the price of milk and
stands for the price of cereal.The supply of milk is
,where
stands for millions of gallons of milk supplied.The demand and supply of cereal are
and
,respectively,where
stands for millions of boxes of cereal demanded and
stands for millions of boxes of cereal supplied.Solve for the price of cereal in terms of the price of milk.
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The official currency of the United Kingdom, known as Sterling, symbolized as GBP.
British Chess Set
A specific style of chess pieces, often referred to as the Staunton pattern, that is recognized for its distinguishable design and used officially in competition.
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The official currency of Japan, used as a medium of exchange within the country.
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A model of automobile manufactured by Toyota, known for its reliability, fuel efficiency, and appeal in the global midsize sedan market.
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