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Chapter 06 Homework Attempts Keep the Highest / 4 2. Price controls in the Michigan blueberry market The following graph shows the annual market for
Chapter 06 Homework Attempts Keep the Highest / 4 2. Price controls in the Michigan blueberry market The following graph shows the annual market for Michigan blueberries, which are sold in units of 50-pound boxes. Use the graph input tool to help you answer the following questions. You will not be graded on any changes you make to this graph. Note: Once you enter a value in a white field, the graph and any corresponding amounts in each grey field will change accordingly. Graph Input Tool Market for Michigan Blueberries Price 15 ( Dollars per box) Supply Quantity 600 Quantity Supplied Demanded (Millions of boxes) (Millions of boxes) 8 9 9 3 8 8 8 9 9 6 0 PRICE (Dollars per box) Demand 60 120 180 240 300 360 420 480 540 600 QUANTITY (Millions of boxes) In this market, the equilibrium price is $ per box, and the equilibrium quantity of blueberries is million boxes MacBook Air * CO X
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