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    Economics USA
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    Exam 2: Markets and Prices
  5. Question
    The Following Question Are Based on the Following Graph Illustrating
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The Following Question Are Based on the Following Graph Illustrating

Question 17

Question 17

Multiple Choice

The following question are based on the following graph illustrating the market for scallops:
The following question are based on the following graph illustrating the market for scallops:    -The equilibrium price is ________ per pound. A)  more than $12 B)  $12 C)  $9 D)  $7 E)  less than $7
-The equilibrium price is ________ per pound.


A) more than $12
B) $12
C) $9
D) $7
E) less than $7

Correct Answer:

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