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    Exam 2: An Introduction to Economic Systems and the Workings of the Price System
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    Use the Following Diagram to Solve the Following Problems
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Use the Following Diagram to Solve the Following Problems

Question 74

Question 74

Essay

Use the following diagram to solve the following problems.
Use the following diagram to solve the following problems.    -Refer to Price Per Unit. What are the equilibrium price and the equilibrium quantity of apartments?
-Refer to Price Per Unit. What are the equilibrium price and the equilibrium quantity of apartments?

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Equilibrium occurs where the d...

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