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-Which Price in Figure 4-21 Is Equilibrium

Question 278

Multiple Choice

-Which price in Figure 4-21 is equilibrium? A) P<sub>1</sub> B) P<sub>2</sub> C) P<sub>3</sub> D) There is no equilibrium price in the diagram.
-Which price in Figure 4-21 is equilibrium?


A) P1
B) P2
C) P3
D) There is no equilibrium price in the diagram.

Correct Answer:

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