Use the following to answer question:
Figure: The Market for Hybrid Cars
-(Figure: The Market for Hybrid Cars) Look at the figure The Market for Hybrid Cars. If there were a binding price ceiling in the market for hybrid cars, one possible price would be equal to _____; consumers would demand _____; and producers would supply _____.

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Use the following to answer question:
Figure: The Market for Hybrid Cars

-(Figure: The Market for Hybrid Cars) Look at the figure The Market for Hybrid Cars. If there were a binding price ceiling in the market for hybrid cars, one possible price would be equal to _____; consumers would demand _____; and producers would supply _____.

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The Answer of Use the following to answer question: Figure: The Market for Hybrid Cars -(Figure: The Market for Hybrid Cars) Look at the figure The Market for Hybrid Cars. If there were a binding price ceiling in the market for hybrid cars, one possible price would be equal to _____; consumers would demand _____; and producers would supply _____. A) P₁; Q₁; Q₃ B) P₂; Q₂; Q₂ C) P₁; Q₃; Q₁ D) P₃; Q₃; Q₁

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