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Narrbegin Exhibit 4 Narrend
-In Exhibit 4

Question 1

Multiple Choice

Narrbegin Exhibit 4.5 Supply and demand data for cars
 Cars demanded  per manth  Price per  car ($)   Cars supplied  per manth 5050 000  80 5540 000 75603000070652000065701000055\begin{array} { | c | c | c | } \hline \begin{array} { c } \text { Cars demanded } \\\text { per manth }\end{array} & \begin{array} { c } \text { Price per } \\\text { car (\$) }\end{array} & \begin{array} { c } \text { Cars supplied } \\\text { per manth }\end{array} \\\hline 50 & 50 \text { 000 } & \text { 80 } \\\hline 55 & 40 \text { 000 } & 75 \\\hline 60 & 30000 & 70 \\\hline 65 & 20000 & 65 \\\hline 70 & 10000 & 55 \\\hline\end{array} Narrend
-In Exhibit 4.5, the equilibrium price is:


A) $10 000.
B) $20 000.
C) $30 000.
D) $40 000.

Correct Answer:

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