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    Exam 7: Perfect Competition and the Invisible Hand
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    The Following Figure Shows the Demand and Supply Curves for Bottled
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The Following Figure Shows the Demand and Supply Curves for Bottled

Question 6

Question 6

Multiple Choice

The following figure shows the demand and supply curves for bottled water.
The following figure shows the demand and supply curves for bottled water.    -Refer to the figure above.What is the equilibrium price of bottled water? A)  $4 B)  $8 C)  $12 D)  $18
-Refer to the figure above.What is the equilibrium price of bottled water?


A) $4
B) $8
C) $12
D) $18

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