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Suppose That Consumers Will Demand 100 Units of a Product

Question 176

Multiple Choice

Suppose that consumers will demand 100 units of a product when the price is $10 per unit,and 120 units when the price is $8 per unit.Assuming that price p and quantity q are linearly related,find the price at which 90 units are demanded.


A) $7
B) $9
C) $11
D) $12
E) $13

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