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To find the equilibrium quantity and price, we look at the intersection of the industry supply and market demand: Industry Equilibrium Equilibrium Quantity Supply Market

To find the equilibrium quantity and price, we look at the intersection of the industry supply and market demand: Industry Equilibrium Equilibrium Quantity Supply Market Demand Price Quantity $12 $47 $12 $22 $12 N $22 W N $30 $10 $30 $37 $37 $3

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