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Market Equilibrium and Policy Homework Help: Saved C 8 07 0.6 Price (dollars) 05 2 0.4 03 01 0.0 50 70 90 110 130 150
Market Equilibrium and Policy Homework Help: Saved C 8 07 0.6 Price (dollars) 05 2 0.4 03 01 0.0 50 70 90 110 130 150 170 190 Quantity (pounds) Instructions: Enter your answers as a whole number a. If a producer tries to sell oranges at a price of $0 80 per pound, what will be the quantity demanded and quantity supplied at this Qapounds of oranges pounds of oranges b. Determine whether there is a surplus or a shortage at a price of $0.80 per pound, and determine the size of the surplus or shortage, At the price, there will be n [click to bring) of [ pounds of oranges
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