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The table sets out demand and supply schedules for bubble gum. Study the table and answer the following question? Quantity Demanded Quantity Supplied Price (cents

The table sets out demand and supply schedules for bubble gum. Study the table and answer the following question?

Quantity Demanded

Quantity Supplied

Price (cents Per Packet)

(millions of Packets a week)

20

180

60

40

140

100

60

100

140

80

60

180

100

20

220

Draw the graph of the gum market and label the axes and the curves and mark the equilibrium price and quantity

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