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Refer to the Diagram

Question 127

Multiple Choice

Refer to the diagram.The equilibrium price and quantity for milk in this market are: Refer to the diagram.The equilibrium price and quantity for milk in this market are: A) $1.50 and 28 million gallons. B) $1.50 and 30 million gallons. C) $2.00 and 20 million gallons. D) $1.00 and 35 million gallons.


A) $1.50 and 28 million gallons.
B) $1.50 and 30 million gallons.
C) $2.00 and 20 million gallons.
D) $1.00 and 35 million gallons.

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