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The Accompanying Tables Show Data for the Hypothetical Nations of Alpha

Question 126

Multiple Choice

The accompanying tables show data for the hypothetical nations of Alpha and Beta. Qₛis domestic quantity supplied, and Q<sub>d</sub> is domestic quantity demanded. The domestic equilibrium prices of steel in Alpha and Beta are A) $5 and $4, respectively. B) $2 and $4, respectively. C) $3 and $2, respectively. D) $1 and $2, respectively. The accompanying tables show data for the hypothetical nations of Alpha and Beta. Qₛis domestic quantity supplied, and Qd is domestic quantity demanded. The domestic equilibrium prices of steel in Alpha and Beta are


A) $5 and $4, respectively.
B) $2 and $4, respectively.
C) $3 and $2, respectively.
D) $1 and $2, respectively.

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