1.2. Consider the following supply and demand tables for bread. Draw the supply and demand curves for...

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1.2. Consider the following supply and demand tables for bread. Draw the supply and demand curves for this market. What is the equilibrium price and quantity?

Price of One Loaf

$0.50

$1

$2

$3

$5 Quantity Supplied 10 20 35 50 60 Quantity Demanded 75 55 35 25 10

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Modern Principles Microeconomics

ISBN: 9781429239998

2nd Edition

Authors: Tyler Cowen, Alex Tabarrok

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