Question
price Quantity Demanded Quantity Supplied $0.75 100,000 65,000 $1.00 92,000 80,000 $1.25 86,000 86,000 $1.50 80,000 100,000 $1.75 75,000 115,000 $2.00 68,000 116,000 1.Consider the
price Quantity Demanded Quantity Supplied
$0.75 100,000 65,000
$1.00 92,000 80,000
$1.25 86,000 86,000
$1.50 80,000 100,000
$1.75 75,000 115,000
$2.00 68,000 116,000
1.Consider the following table shown above. If price floor = $2, find Qd and Qs.
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Authors: Jeffrey F Beatty, Susan S Samuelson
3rd Edition
0324537115, 9780324537116
