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The graph below shows the atmospheric pressure, in millibars of mercury, as a function of altitude in meters.According to the graph, which of the following sentences best describes the relationship between pressure and altitude?
Equilibrium
A state in a market where supply equals demand, conditions are stable, and there is no incentive for prices to change, leading to a balance between competing forces.
Equilibrium Price
The market price at which the quantity of goods supplied is equal to the quantity of goods demanded.
Equilibrium
In economics, a state where market supply and demand balance each other, and as a result, prices become stable.
Coconuts
Tropical fruits or the hard-shelled seeds of the coconut palm, often used metaphorically in economics and game theory to represent tradable resources.
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