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Refer to the Table

Question 45

Multiple Choice

 Price  Quantity  Demanded  Quantity  Supplied $02000$115040$210080$350120$40160\begin{array} { c | c | c } \text { Price } & \begin{array} { c } \text { Quantity } \\\text { Demanded }\end{array} & \begin{array} { c } \text { Quantity } \\\text { Supplied }\end{array} \\\hline \$ 0 & 200 & 0 \\\$ 1 & 150 & 40 \\\$ 2 & 100 & 80 \\\$ 3 & 50 & 120 \\\$ 4 & 0 & 160\end{array} Refer to the table.In this market,the equilibrium price


A) does not exist.
B) is between $2 and $3.
C) is greater than $4.
D) is equal to exactly $2.

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