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-Refer to Figure 10

Question 172

Multiple Choice

-Refer to Figure 10.11 to answer this question.Suppose this graph depicts a perfectly competitive industry.What will be the equilibrium price and output respectively? A) $40 and 15. B) $40 and 30. C) $60 and 20. D) $60 and 25. E) $70 and 15.
-Refer to Figure 10.11 to answer this question.Suppose this graph depicts a perfectly competitive industry.What will be the equilibrium price and output respectively?


A) $40 and 15.
B) $40 and 30.
C) $60 and 20.
D) $60 and 25.
E) $70 and 15.

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