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The Figure Below Shows the Demand (D)and Supply (S)curves of Corn

Question 58

Multiple Choice

The figure below shows the demand (D) and supply (S) curves of corn syrups. Figure 20.3 The figure below shows the demand (D) and supply (S) curves of corn syrups. Figure 20.3 In Figure 20.3, what are the equilibrium price and quantity in the absence of trade? A) $8, 50 gallons B) $12, 35 gallons C) $8, 35 gallons D) $4, 20 gallons E) $16, 50 gallons In Figure 20.3, what are the equilibrium price and quantity in the absence of trade?


A) $8, 50 gallons
B) $12, 35 gallons
C) $8, 35 gallons
D) $4, 20 gallons
E) $16, 50 gallons

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