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Exhibit 3-3 -Refer to Exhibit 3-3. the Equilibrium Price and Quantity in and Quantity

Question 111

Multiple Choice

Exhibit 3-3 Exhibit 3-3 -Refer to Exhibit 3-3. The equilibrium price and quantity in the market are A) $27 and 25 units, respectively. B) $9 and 25 units, respectively. C) $18 and 32 units, respectively. D) $9 and 10 units, respectively. E) $27 and 55 units, respectively.
-Refer to Exhibit 3-3. The equilibrium price and quantity in the market are

A) $27 and 25 units, respectively.
B) $9 and 25 units, respectively.
C) $18 and 32 units, respectively.
D) $9 and 10 units, respectively.
E) $27 and 55 units, respectively.

Correct Answer: