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Market Supply and Equilibrium Price and Quantity: Draw the market supply and demand curves for electric drills in the figure. The equilibrium price in this

Market Supply and Equilibrium Price and Quantity:

Draw the market supply and demand curves for electric drills in the figure.

The equilibrium price in this market is ______.
The equilibrium quantity of drills is ______ thousand monthly.
If the price were $30, there would be a ____________ of ______ thousand drills monthly.
If the price were $60, there would be a ____________ of ______ thousand drills monthly.

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