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The following table shows the supply and demand in the market for canned coconut milk. Which of the following is true about the equilibrium price?
The following table shows the supply and demand in the market for canned coconut milk. Which of the following is true about the equilibrium price? Price ($) Demand Supply 1 150 80 2 90 100 3 50 120 4 10 140 Group of answer choices It is between $1 and $2 It is either $1 or $2 We can't conclude anything about the equilibrium price from the table It is at most $1
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