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2 The table on the right shows the demand and supply schedules for tacos. If the quantity supplied of tacos decreases Price Quantity Quantity by
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The table on the right shows the demand and supply schedules for tacos. If the quantity supplied of tacos decreases Price Quantity Quantity by 320 an hour at each price, what is the equilibrium price and what is the change (dollars per demanded supplied in total surplus? taco) (tacos per hour) 0 640 0 . . . 1.00 560 80 2.00 480 160 If the quantity supplied of tacos decreases 3.00 400 240 by 320 per hour at each price, the new price of 4.00 320 320 a taco is $ 5.00 240 400 6.00 160 480 7.00 80 560 8.00 0 640Step by Step Solution
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