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Use the Table Below to Answer the Following Question

question 16

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Use the table below to answer the following question.
Table 1A.2.1 Use the table below to answer the following question. Table 1A.2.1   -The data in Table 1A.2.1 shows that A) x and y have a negative relationship. B) x and y have a positive relationship. C) there is no relationship between x and y. D) there is first a negative and then a positive relationship between x and y. E) there is first a positive and then a negative relationship between x and y.
-The data in Table 1A.2.1 shows that

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Definitions:

Market Economy

An economic system in which economic decisions and the pricing of goods and services are guided solely by the interactions of citizens and businesses.

Equilibrium Quantity

At the market equilibrium price, the amount of goods or services that are supplied matches the amount that is demanded.

Equilibrium Price

A pricing point in the market where the supply of goods meets the demand for those goods.

Equilibrium Quantity

The quantity of goods or services that is supplied and demanded at the equilibrium price, where supply equals demand in a market.

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