Multiple Choice
FIGURE 3-4
-Refer to Figure 3-4.The market for 1-bedroom apartments in Collegetown will be in equilibrium at a price and quantity combination of
A) $500; 300 apartments.
B) $700; 450 apartments.
C) $500; 350 apartments.
D) $300; 250 apartments.
E) $400; 300 apartments.
Correct Answer:
Verified
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