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Question 167

Multiple Choice

Use the following to answer questions:
Figure: Market Failure Use the following to answer questions: Figure: Market Failure -(Figure: Market Failure) In the figure Market Failure, the equilibrium price is _____ and the equilibrium quantity is _____ for a competitive market. A) A; E B) A; G C) B; F D) C; E
-(Figure: Market Failure) In the figure Market Failure, the equilibrium price is _____ and the equilibrium quantity is _____ for a competitive market.


A) A; E
B) A; G
C) B; F
D) C; E

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