FIGURE 3- 6
-Refer to Figure 3- 6. If the initial demand and supply curves are D1 and S1, equilibrium price and quantity are represented by point

Name: FIGURE 3- 6 -Refer to Figure 3- 6. If the initial demand and supply curves are D1 and S1, equilibrium price and quantity are represented by point
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Point A represents the intersection of the initial demand curve D1 and the initial supply curve S1, indicating the equilibrium price and quantity.

FIGURE 3- 6 -Refer to Figure 3- 6. If the Initial Demand and Initial