Refer to the Figure Below

question 16

Multiple Choice

Refer to the figure below. This diagram represents the tobacco industry. The market creates an equilibrium price and quantity exchanged of

• A) €1.90 and 38 units.
• B) €1.80 and 35 units.
• C) €1.60 and 42 units.
• D) €1.35 and 58 units.

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