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Consider the Following Data, Which Shows the Quantities and Prices

Question 153

Multiple Choice

Consider the following data, which shows the quantities and prices of two goods produced in the economy, to answer the following questions: Consider the following data, which shows the quantities and prices of two goods produced in the economy, to answer the following questions: -The market value of cell phones is A) $5 million. B) $100 million. C) $500 million. D) $20 million. E) $750 million.
-The market value of cell phones is


A) $5 million.
B) $100 million.
C) $500 million.
D) $20 million.
E) $750 million.

Correct Answer:

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