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hope you can help Price Quantity demanded Quantity supplied $10 100 400 8 150 350 6 250 250 4 275 200 2 300 200 a)

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Price Quantity demanded Quantity supplied $10 100 400 8 150 350 6 250 250 4 275 200 2 300 200 a) What is the most efcient price AND quantity (i.e. the market/equilibrium price and quantity)? b) If the price was $8, then the quantity supplied would be and quantity demanded would be , leading to a ( shortage surplus ) of units

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