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The Graph Shows the Supply and Demand Curves for a Cajun

Question 17

Multiple Choice

The graph shows the supply and demand curves for a Cajun spice mix that Leroy manufactures in a home business.What will happen if Leroy sets the price at $3.99? ​ The graph shows the supply and demand curves for a Cajun spice mix that Leroy manufactures in a home business.What will happen if Leroy sets the price at $3.99? ​   ​ A)  The supply will exceed the demand. B)  The demand will exceed the supply. C)  The market will be in equilibrium. D)  Five hundred spice mixes will be demanded.


A) The supply will exceed the demand.
B) The demand will exceed the supply.
C) The market will be in equilibrium.
D) Five hundred spice mixes will be demanded.

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