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25. Refer to Figure 7. What will be the equilibrium price if the equilibrium quantity rises to 600 due to an increase in income? a.

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25. Refer to Figure 7. What will be the equilibrium price if the equilibrium quantity rises to 600 due to an increase in income? a. 15 b. 5 C. 25 d. 35 Figure 7. Price S $40 - 35 - 30 - 25 -.... 20 - 15 - 10 - 5- 100 200 300 400 500 600 700 800 Quantity

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