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Supply and Demand Concepts As an economist for ABC Plastics, your boss has asked you to respond to some questions she has regarding the company's

Supply and Demand Concepts
As an economist for ABC Plastics, your boss has asked you to respond to some questions she has regarding the company's main product, tablet cases. A marketing research firm recently developed the following supply and demand schedules for tablet cases:
Quantity Quantity Price/Case Demanded Supplied $24 5000 18000 22 6000 17000 20 7000 16000 18 8000 15000 16 10000 14000 14 11000 13000 12 12000 12000 10 13000 11000 8 14000 10000 6 15000 9000 4 16000 8000 2 17000 7000

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Auditing Cases An Active Learning Approach

Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt

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