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The Following Data Is for the Hypothetical Nations of Alpha

Question 126

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The following data is for the hypothetical nations of Alpha and Beta.Qs is domestic quantity supplied and Qd is domestic quantity demanded. The following data is for the hypothetical nations of Alpha and Beta.Q<sub>s</sub> is domestic quantity supplied and Q<sub>d</sub> is domestic quantity demanded.   Refer to the above data.The equilibrium prices of steel in Alpha and Beta are: A) $3 and $2, respectively. B) $2 and $4, respectively. C) $4 and $5, respectively. D) $1 and $2, respectively. Refer to the above data.The equilibrium prices of steel in Alpha and Beta are:


A) $3 and $2, respectively.
B) $2 and $4, respectively.
C) $4 and $5, respectively.
D) $1 and $2, respectively.

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