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E V > G ng.cengage.com C + Cengage Learning MindTap - Cengage Learning Q Search this course ? Julieta G ng.cengage.com C + Cengage Learning

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E V > G ng.cengage.com C + Cengage Learning MindTap - Cengage Learning Q Search this course ? Julieta G ng.cengage.com C + Cengage Learning Mind Tap - Cengage Learning Julieta G ng.cengage.com C + Cengage Learning Mind Tap - Cengage Learning Julieta G ng.cengage.com C + Cengage Learning Mind Tap - Cengage Learning Julieta G ng.cengage.com C + Cengage Learning MindTap - Cengage Learning Julieta G ng.cengage.com X + Cengage Learning Mind Tap - Cengage Learning Julieta G ng.cengage.com X + Cengage Learning Mind Tap - Cengage Learning Julieta SIGN ouT - 0 50 100 150 200 250 300 350 400 450 500 QUANTITY (Kettles) o = Julieta PROFILE ORDERS LU LRSS COURSES v Study tools College Success Tips Career Success Tips Help [> SIGN ouT 0 ng.cengage.com % Cengage Learning 7 CENGAGE | MINDTAP Homework (Ch 04) 8 Supply (Dollars per kettle) @ Quantity E 70 Demanded (Kettles) g 60 a w0 o Q 40 Demand 8 9 30 2 + } & 2 1 1 1 1 10 1 1 0 J##QOll 0 50 100 150 200 250 300 350 400 450 500 QUANTITY (Kettles) The equilibrium price in this market is $ per kettle, and the equilibrium quantity is X 2% MindTap - Cengage Learning Quantity Supplied 500 (Kettles) 210, kettles per month. Complete the following table by indicating at each price whether there is a shortage or surplus in the market, the amount of that shortage or surplus, and whether this places upwai ard pressure on prices. Shortage Shortage or Surplus Amount (Kettles) Price (Dollars per kettle) Sh 60 v Surplus urplus 40 v Pressure Continue without saving & + Q. Search this course 0 X G + O ng.cengage.com X v

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