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Consider the given graph that shows the price and the quantity demanded and supplied of good X in a competitive market. 100 Graph The price
Consider the given graph that shows the price and the quantity demanded and supplied of good X in a competitive market. 100 Graph The price that equates the quantity supplied and the quantity demanded of good X is $|:|. 80 The quantity that corresponds to the competitive equilibrium price is D units A 69 of good X. X 60 '0 O O U) \"5 .3 40 n': 20 D 0 . i i ' | 0 1000 Quantity of good X (units) I I I - I 2000 25003000 35004000 5000
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