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What is the price at which equilibrium is achieved? $8 $9 $10 $30
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4 votes
What is the price at which equilibrium is achieved?
$8
$9
$10
$30

What is the price at which equilibrium is achieved? $8 $9 $10 $30-example-1
User Elias Torres Arroyo
by
9.0k points

1 Answer

4 votes

Answer:

$9

Explanation:

Based on the graph/plot, we can see where the supply and demand lines intersect. They intersect at 30 (Quantity Supplied) and 9 (Price in Dollars).

User Dan Eastwell
by
8.0k points
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