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Economics Suppose there is an unexpected recovery in the city and the average income per household increases to $6500. What is the new equilibrium quantity?
Economics Suppose there is an unexpected recovery in the city and the average income per household increases to $6500. What is the new equilibrium quantity? [Note: Do not assume there is a price ceiling] a. 250 b. 375 c. 288 d. None of the choices
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