The following table represents the market for disposable digital cameras. Plot this data on a supply and

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The following table represents the market for disposable digital cameras. Plot this data on a supply and demand graph and identify the equilibrium price and quantity. Explain what would happen if the market price is set at $30, and show this on the graph. Explain what would happen if the market price is set at

$15, and show this on the graph.

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Principles Of Economics

ISBN: 9780593183540

10th Edition

Authors: Case, Karl E.;Oster, Sharon M.;Fair, Ray C

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