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What is the equilibrium price? The diagram below illustrates the supply and demand curves in a perfectly competitive market. Use this diagram to answer the

What is the equilibrium price?

The diagram below illustrates the supply and demand curves in a perfectly competitive market. Use this diagram to answer the following TWO questions. $ S 10 -NWAUTO V 0 0 4 8 12 16 20 Q 24 28

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