Scenario: Consider a competitive market for baseball hats, a good that is indivisible. The supply and demand in this market are as shown in the following table.
-Refer to the above scenario.The equilibrium price in this market is ________,and the number of baseball hats traded in this market is ________.
A) $5; 4 hats
B) $5; 6 hats
C) $6; 5 hats
D) $6; 6 hats
Correct Answer:
Verified
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A) the
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A) the absence
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