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Use the Figure Below to Answer the Following Questions

Question 18

Multiple Choice

Use the figure below to answer the following questions. Use the figure below to answer the following questions. Figure 3.5.2 Original equilibrium at 1. -Refer to Figure 3.5.2,which represents the market for beer.If the price of pizza,a complement of beer rises,what is the new beer equilibrium,ceteris paribus? A) 8 B) 3 C) 9 D) 5 E) 6 Figure 3.5.2
Original equilibrium at 1.
-Refer to Figure 3.5.2,which represents the market for beer.If the price of pizza,a complement of beer rises,what is the new beer equilibrium,ceteris paribus?


A) 8
B) 3
C) 9
D) 5
E) 6

Correct Answer:

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