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1. Refer to Graph 4-5. According to the graph, equilibrium price and quantity are: A. $7, 20 B. $7, 60 C. $5, 40 D. $3,

1. Refer to Graph 4-5. According to the graph, equilibrium price and quantity are: A. $7, 20 B. $7, 60 C. $5, 40 D. $3, 60

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