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The Supply and Demand Schedules for the Umbrella Market Are

Question 82

Multiple Choice

The supply and demand schedules for the umbrella market are given below: The supply and demand schedules for the umbrella market are given below: TABLE 3-2 Refer to Table 3-2.What number of umbrellas would actually be purchased if the price in this market were $10? A) 400 B) 500 C) 550 D) 650 E) 700 TABLE 3-2 Refer to Table 3-2.What number of umbrellas would actually be purchased if the price in this market were $10?


A) 400
B) 500
C) 550
D) 650
E) 700

Correct Answer:

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