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supply assignment a. What is the equilibrium price and quantity traded? Price: Quantity: b. Suppose that supply increases by 30. Complete the column in Table

supply assignment

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a. What is the equilibrium price and quantity traded? Price: Quantity: b. Suppose that supply increases by 30. Complete the column in Table 2.12. TABLE 2.12 Quantity Quantity Quantity Price Demanded Supplied 1 Supplied 2 180 170 110 160 130 150 150 11111 140 170 130 190 c. What would be the price and quantity traded at the new equilibrium? Price: Quantity: d. After the increase in supply, what would be the surplus/shortage at a price of $8? Surplus/shortage of " Focus lity: Investigate

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