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The table below shows the demand and supply for fuji apples in Peterborough. Price Quantity Demanded Quantity Supplied 1 Quantity Supplied 2 0 200 120

The table below shows the demand and supply for fuji apples in Peterborough.

Price Quantity Demanded Quantity Supplied 1 Quantity Supplied 2
0 200 120
2 190 130
4 180 140
6 170 150
8 160 160
10 150 170

. What is the equilibrium price and quantity traded? The equilibrium price is $ _______and the quantity traded is ________. b. Suppose supply increases by 20. Complete the last column in the table above. c. What would be the price and quantity traded at the new equilibrium? The equilibrium price is $ _______ and the quantity traded is __________.

d. . After the increase in supply, at a price of $8 there would be a ________ of ________ units.

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