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10 9 8 Supply 7 6 Price ($) per unit 5 4 3 Demand 2 7 6 Price ($) per unit 5 4 3 Demand

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10 9 8 Supply 7 6 Price ($) per unit 5 4 3 Demand 2 7 6 Price ($) per unit 5 4 3 Demand N 1 0 0 1 2 3 . 10 11 4 5 6 7 8 9 5 Quantity per period Quantity per period In the following graph, place the point that corresponds to the market equilibrium in the above supply and demand graph. 10 9 8 7 6 unit 6 Price per unit 5 4 3 2 1 7 10 8 5 9 9 3 2 1 0

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