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The 3M Company Is Willing to Supply 50 Million Scotch

Question 123

Multiple Choice

The 3M Company is willing to supply 50 million Scotch brand videotapes at $4 each.Buyers are willing to purchase 50 million videotapes at $4 each.The $4 price is referred to as the ____ price.


A) equilibrium
B) odd
C) even
D) variable
E) breakeven

Correct Answer:

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