Refer to the Graph Shown

question 183

Multiple Choice

Refer to the graph shown. The market represented here is in equilibrium when the price is:

• A)$5.00 per unit and 220 units are bought and sold.
• B)$8.15 per unit and 220 units are bought and sold.
• C)$5.00 per unit and 400 units are bought and sold.
• D)$3.65 per unit and 400 units are bought and sold.

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