The figure below shows the demand (D) and supply (S) curves of corn syrups.
Figure 20.3

-In Figure 20.3, what are the equilibrium price and quantity in the absence of trade?
A) $8, 50 gallons
B) $12, 35 gallons
C) $8, 35 gallons
D) $4, 20 gallons
E) $16, 50 gallons
Correct Answer:
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Q42: The figure below shows the demand (D)
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Q48: The figure given below depicts the negatively
Q49: The figure given below depicts the negatively
Q50: The figure given below depicts the negatively
Q51: The figure below shows the demand (D)
Q52: The figure given below depicts the negatively
Q60: The figure given below depicts the negatively
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