Multiple Choice
Figure 5-4 
Refer to Figure 5-4. The inefficient equilibrium price and quantity are
A) $1.90 and 38 units, respectively.
B) $1.80 and 35 units, respectively.
C) $1.60 and 42 units, respectively.
D) $1.35 and 58 units, respectively.
Correct Answer:
Verified
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