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What are the equilibrium price and equilibrium quantity in this situation? 4.00 А demand 3.50 supply/D 3.00 Price 2.50 per Pound 2.00 (dollars) 1.50 1.00 В 0.50 1,000 2,000 3,000 4,000 5,000 6,000 7,000
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24 votes
What are the equilibrium price and equilibrium quantity in this situation?

4.00
А
demand
3.50
supply/D
3.00
Price
2.50
per
Pound 2.00
(dollars)
1.50
1.00
В
0.50
1,000 2,000 3,000 4,000 5,000 6,000 7,000
Quantity of Apples (pounds)

User Michael Davis
by
5.3k points

1 Answer

6 votes

I think it’s A demand and price
User Ken Kin
by
4.8k points
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