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Agribusiness firm ABC is the only buyer of good X. The demand for X is P=460−2Q, where P is the price per unit in USD per unit, and Q is 1000 s of good X. The supply of X is P=40+Q, this is the AE of X. If ABC were in a competitive industry, the equilibrium price would be? a 240
b 290
c 220
d 180

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