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    Exam 3: Supply and Demand: Theory
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    Assume That Aline,Bentley,Calvin,and Daniel Are the Only Sellers in This
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Assume That Aline,Bentley,Calvin,and Daniel Are the Only Sellers in This

Question 58

Question 58

Multiple Choice

  Assume that Aline,Bentley,Calvin,and Daniel are the only sellers in this market. -Refer to Exhibit 3-12.Fill in blanks (A) and (B) respectively with the market quantity supplied at each given price. A)  12.25; 14.75 B)  49; 59 C)  48; 61 D)  8.00; 8.71 E)  none of the above Assume that Aline,Bentley,Calvin,and Daniel are the only sellers in this market.
-Refer to Exhibit 3-12.Fill in blanks (A) and (B) respectively with the market quantity supplied at each given price.


A) 12.25; 14.75
B) 49; 59
C) 48; 61
D) 8.00; 8.71
E) none of the above

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