Refer to the Diagram Below for the Market for Corn

question 104

Multiple Choice

Refer to the diagram below for the market for corn.The equilibrium price and quantity in this market are:

• A)$4 and 10,000 bushels.
• B)$3 and 8,000 bushels.
• C)$2 and 4,000 bushels.
• D)$2 and 11,000 bushels.

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