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SOLVED: Use the following table to answer the question below. Price per Unit Quantity Demanded per Year 2,000 1,800 1,600 1,400 1,200 1,000 Quantity Supplied per Year 0 300 600 900 1,200
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SOLVED: Price Per Unit Quantity Demanded Per Year Quantity Supplied Per Year 5 2,000 010 1,800 300 15 1,600 60020 1,400 900 25 1,200 1,20030 1,000 1,500 Refer to the above table. A surplus of 500 units will occur when the price is 15 per unit.
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Relationship between prices per unit with optimum quantity | Download Scientific Diagram
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