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In Exhibit 11­4, What Is the Equilibrium Amount of the Resource

Question 80

Multiple Choice

  In Exhibit 11­4, what is the equilibrium amount of the resource exchangedin the market? A) more than 100 units B) 100 units C) 60 units D) fewer than 60 units E) unable to determine from information given In Exhibit 11­4, what is the equilibrium amount of the resource exchangedin the market?


A) more than 100 units
B) 100 units
C) 60 units
D) fewer than 60 units
E) unable to determine from information given

Correct Answer:

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