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The equilibrium price and quantity, respectively are

Table 4-2

PRICE

QUANTITY DEMANDED

QUANTITY SUPPLIED

$10

10

60

$ 8

20

45

$ 6

30

30

$ 4

40

15

$ 2

50

0

 Refer to Table 4-2. The equilibrium price and quantity, respectively, are

A. $4 and 40.

B. $6 and 30.

C. $8 and 30.

D. $10 and 35.

May 31 2018 Read more Less More

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