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Question 25

Multiple Choice

  -Refer to the graph above to answer this question.What would be the new equilibrium price and quantity if supply increased by 120? A) $1,000 and 240. B) $600 and 240. C) $600 and 160. D) $800 and 140.
-Refer to the graph above to answer this question.What would be the new equilibrium price and quantity if supply increased by 120?


A) $1,000 and 240.
B) $600 and 240.
C) $600 and 160.
D) $800 and 140.

Correct Answer:

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