If the perfectly competitive market supply of pork bellies shifts from QS,93 = 250 + 50P to QS,94 = 400 + 40P,and the market demand is given by QD = +10,000 - 200P,then the change in equilibrium price will be:
A) $2.
B) $1.
C) $0.
D) -$1.
E) -$2.
Correct Answer:
Verified
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