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    Business
  3. Study Set
    Principles of Microeconomics Study Set 4
  4. Exam
    Exam 2: Demand and Supply: An Introduction
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Question 24

Question 24

Multiple Choice

  -Refer to the above information to answer this question.If demand increases by 20 units,what will be the new values of equilibrium price and quantity? A) $45 and 120. B) $50 and 120. C) $55 and 120. D) $52.50 and 110. E) $52.50 and 120.
-Refer to the above information to answer this question.If demand increases by 20 units,what will be the new values of equilibrium price and quantity?


A) $45 and 120.
B) $50 and 120.
C) $55 and 120.
D) $52.50 and 110.
E) $52.50 and 120.

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