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Use the Following to Answer Question

Question 59

Multiple Choice

Use the following to answer question: Use the following to answer question:   -(Figure: The Market for Candy) Use Figure: The Market for Candy.Equilibrium occurs at a price of _____,and the equilibrium quantity is equal to _____. A) P<sub>1</sub>;Q<sub>5</sub> B) P<sub>2</sub>;Q<sub>3</sub> C) P<sub>3</sub>;Q<sub>2</sub> D) P<sub>1</sub>;Q<sub>3</sub>
-(Figure: The Market for Candy) Use Figure: The Market for Candy.Equilibrium occurs at a price of _____,and the equilibrium quantity is equal to _____.


A) P1;Q5
B) P2;Q3
C) P3;Q2
D) P1;Q3

Correct Answer:

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