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    Survey of Economics Principles
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    Exam 9: Imperfect Information, External Benefits, and External Costs
  5. Question
    Table 9.3 -In Table 9.3, Market 2 Would Be in Equilibrium If
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Table 9.3 -In Table 9.3, Market 2 Would Be in Equilibrium If

Question 117

Question 117

Multiple Choice

  Table 9.3 -In Table 9.3, Market 2 would be in equilibrium if buyers believed plums account for A)  about 16.67% of the market. B)  about 33.33% of the market. C)  about 66.67% of the market. D)  about 88.89% of the market. Table 9.3
-In Table 9.3, Market 2 would be in equilibrium if buyers believed plums account for


A) about 16.67% of the market.
B) about 33.33% of the market.
C) about 66.67% of the market.
D) about 88.89% of the market.

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