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Refer to the Accompanying Figure, Which Shows the Market for Cups

Question 60

Multiple Choice

Refer to the accompanying figure, which shows the market for cups of coffee. At the original market equilibrium: Refer to the accompanying figure, which shows the market for cups of coffee. At the original market equilibrium: A) 50 cups are sold per hour at a price of $1.00 each. B) 50 cups are sold per hour at a price of $2.50 each. C) 40 cups are sold per hour at a price of $2.00 each. D) 60 cups are sold per hour at a price of $1.50 each.


A) 50 cups are sold per hour at a price of $1.00 each.
B) 50 cups are sold per hour at a price of $2.50 each.
C) 40 cups are sold per hour at a price of $2.00 each.
D) 60 cups are sold per hour at a price of $1.50 each.

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