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I need someone who is a math major to please answer the question below and who can help me with future discussions in Business Calculus.
The question is the following:
Assume that at a price of $2.00 per pound, the annual supply of coffee beans in Country A is 8 million pounds, while the demand is 10 million pounds. At a price of $3.00 per pound, the supply is 10.2 million pounds, and the demand is 8.6 million pounds. Assume that the price-supply and price-demand equations are linear.
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