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Use the Following Diagram to Answer the Following Questions

Question 46

Multiple Choice

Use the following diagram to answer the following questions.
Use the following diagram to answer the following questions. -Refer to Diagram 4-2. In the above diagram, the efficient price and quantity will be A) Q₁ and P₁ B) Q₁ and P₂ C) Q₂ and P<sub>3</sub> D) Q₂ and P₂
-Refer to Diagram 4-2. In the above diagram, the efficient price and quantity will be


A) Q₁ and P₁
B) Q₁ and P₂
C) Q₂ and P3
D) Q₂ and P₂

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