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13. Suppose that the supply and demand schedules for rental apartments in the city of Gotham are given as: Monthly rent Apartments Demanded Apartments Supplied

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13. Suppose that the supply and demand schedules for rental apartments in the city of Gotham are given as: Monthly rent Apartments Demanded Apartments Supplied $2500 10000 15000 2000 12500 12500 1500 15000 10000 1000 17500 7500 500 20000 5000 13. A. What is the market equilibrium rental price per month and the market equilibrium number of apartments demanded and supplied? Rental price- 2,250 per month # of apartments12,500

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