The short run market demand and supply for kente cloth are expressed as follows: demand: P=40-0.25Q suppl: P=5+0.05Q marginal cost: -20+4Q answer the following questiong 1. The equilibrium quantity of kente cloth is ...... metres? 2. The equilibrium price of kente cloth is .... rand? 3. The short run level of output is .... metres?

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