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1. Plot the following hypothetical market demand and supply schedules for commodity X. Quantity Demanded Price Quantity Supplied (Units) (Peso) (Units) 150 30.00 900 300

1. Plot the following hypothetical market demand and supply schedules for commodity X. Quantity Demanded Price Quantity Supplied (Units) (Peso) (Units) 150 30.00 900 300 25.00 800 350 20.00 700 600 15.00 600 800 10.00 400 1000 5.00 200

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