Explain why might this have been an effective weapon

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Q. During World War II, both Germany and England had plans for a paper weapon: they each printed the other's currency, with the intention of dropping large quantities by airplane. Why might this have been an effective weapon?

Q. Suppose the demand and supply for chocolate bars is given by the following equations:

Qd= 1600-100P
Qs= 1400+700P

Find the equilibrium price and equilibrium quantity of chocolate bars.

 

Reference no: EM1362028

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