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What are the equilibrium price and equilibrium quantity in this situation? 4.00 A demand 3.50 supply D 3.00 Price 2.50 per Pound 2.00 (dollars) 1.50 1.00 0.50 B → 1,000 2,000 3,…

What are the equilibrium price and equilibrium quantity in this situation? 4.00 A demand 3.50 supply D 3.00 Price 2.50 per Pound 2.00 (dollars) 1.50 1.00 0.50 B → 1,000 2,000 3,…
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5 votes
What are the equilibrium price and equilibrium quantity in this situation?

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

What are the equilibrium price and equilibrium quantity in this situation? 4.00 A-example-1
User Wudeng
by
8.8k points

1 Answer

7 votes

Answer:

6.00.50

Step-by-step explanation:

User Erez Hochman
by
8.0k points
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