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-Consider the Market Described by the Schedule in Table 2

Question 103

Multiple Choice
-Consider the market described by the schedule in Table 2.4. Which of the following is true?

-Consider the market described by the schedule in Table 2.4. Which of the following is true? A) The law of demand is violated. B) The law of supply is violated. C) There is no equilibrium. D) At $5 per unit, people will purchase 400 units. E) At $2 per unit, people will purchase 1000 units.
-Consider the market described by the schedule in Table 2.4. Which of the following is true?


A) The law of demand is violated.
B) The law of supply is violated.
C) There is no equilibrium.
D) At $5 per unit, people will purchase 400 units.
E) At $2 per unit, people will purchase 1000 units.

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