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Use the Figure Below to Answer the Following Questions

Question 98

Multiple Choice

Use the figure below to answer the following questions.
Table 3.5.2
Demand and Supply Schedules for Cups of Coffee each day at CoolU
Use the figure below to answer the following questions. Table 3.5.2 Demand and Supply Schedules for Cups of Coffee each day at CoolU    -Refer to Table 3.5.2.The equilibrium price is $________ and the equilibrium quantity is ________ cups a day. A) 1.30;1200 B) 0.90;1000 C) 1.10;900 D) 1.10;800 E) 1.00;800
-Refer to Table 3.5.2.The equilibrium price is $________ and the equilibrium quantity is ________ cups a day.


A) 1.30;1200
B) 0.90;1000
C) 1.10;900
D) 1.10;800
E) 1.00;800

Correct Answer:

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