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    Principles of Microeconomics Study Set 4
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    Exam 3: Demand and Supply: An Elaboration
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Question 65

Question 65

Multiple Choice

  -Refer to the above graph to answer this question.If the demand and supply were both to increase by 200 units,what would be the resulting equilibrium price and quantity? A) $60 and 700. B) $60 and 800. C) $60 and 1,000. D) $70 and 700. E) $70 and 800.
-Refer to the above graph to answer this question.If the demand and supply were both to increase by 200 units,what would be the resulting equilibrium price and quantity?


A) $60 and 700.
B) $60 and 800.
C) $60 and 1,000.
D) $70 and 700.
E) $70 and 800.

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