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    Business
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    Microeconomics
  4. Exam
    Exam 3: Demand, Supply, and Market Equilibrium
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    Refer to the Above Diagram
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Refer to the Above Diagram

Question 75

Question 75

Multiple Choice

  Refer to the above diagram.If this is a competitive market,price and quantity will move toward: A)  $60 and 100,respectively. B)  $60 and 200,respectively. C)  $40 and 150,respectively. D)  $20 and 150,respectively. Refer to the above diagram.If this is a competitive market,price and quantity will move toward:


A) $60 and 100,respectively.
B) $60 and 200,respectively.
C) $40 and 150,respectively.
D) $20 and 150,respectively.

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