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    Exam 2: Economic Systems, Resource Allocation, and Social Well-Being: Lessons From Chinas Transition
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    The Following Questions Refer to the Graph Below
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The Following Questions Refer to the Graph Below

Question 46

Question 46

Multiple Choice

The Following Questions Refer to the graph below. The Following Questions Refer to the graph below.   -At a price of P<sub>1</sub>,what quantity will be sold in the market? A) 0 B) X C) X<sub>1</sub> D) X<sub>2</sub> E) X<sub>1</sub>X<sub>2</sub>
-At a price of P1,what quantity will be sold in the market?


A) 0
B) X
C) X1
D) X2
E) X1X2

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