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Graph 9-5 This Graph Refers to the Market for Oil in Spain

Question 92

Multiple Choice

Graph 9-5
This graph refers to the market for oil in Spain. Graph 9-5 This graph refers to the market for oil in Spain. -According to Graph 9-5, the price and quantity of oil in Spain before trade would be: A) P₀, q₀ B) P₁, Q₁ C) P₁, Q₂ D) P₁, q₀
-According to Graph 9-5, the price and quantity of oil in Spain before trade would be:


A) P₀, q₀
B) P₁, Q₁
C) P₁, Q₂
D) P₁, q₀

Correct Answer:

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