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Use the Following to Answer Question(s)

Question 23

Multiple Choice

Use the following to answer question(s) :
Exhibit: The Market for Carrots
Use the following to answer question(s) : Exhibit: The Market for Carrots -(Exhibit: The Market for Carrots) If demand is D<sub>1</sub>, the price of carrots will be _______ cents, the quantity demanded will be _______ , and the quantity supplied will be _______ . A) 20; 100; 90 B) 20; 100; 100 C) 30; 160;160 D) 30; 100; 160
-(Exhibit: The Market for Carrots) If demand is D1, the price of carrots will be _______ cents, the quantity demanded will be _______ , and the quantity supplied will be _______ .


A) 20; 100; 90
B) 20; 100; 100
C) 30; 160;160
D) 30; 100; 160

Correct Answer:

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