The demand equation for blue jeans in the U. S. is QD = 500 - 7P, and the supply equation for blue jeans is QS = 20 + 3P, where P is the price per pair of blue jeans and QD and QS are in 1,000's of blue jeans.
(A) How many blue jeans are purchased and at what price do they sell for in the U. S.?
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