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2. (50 points) Consider the market for basketball sneakers, which is drawn below. Answer each of the following questions. Price $350 Supply A $260 B

2. (50 points) Consider the market for basketball sneakers, which is drawn below. Answer each of the following questions. Price $350 Supply A $260 B C D $177 F F H G $105 J K $80 L M $61 N $40 Demand 1950 3275 5200 6825 8000 Quantity

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