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A market is composed of five demanders with the following reservation prices, $30, $25, $40, $75, and four suppliers' supplies with the following reservation prices, $75, $55, $80 and $85. Which of the following is a competitive equilibrium price?
Cabinet Importance
Refers to the significance of the Cabinet, a body of high-ranking officials, typically consisting of the top leaders of the executive branch in a government, advising the head of state or government.
Vice President
The second-highest executive officer in a government, who serves as the deputy to the president, and can assume presidential duties under circumstances defined by law, such as the president's death, resignation, or incapacity.
Senate Tie
A situation where there is an equal number of votes for and against a measure in the U.S. Senate, often broken by the vote of the Vice President.
Twenty-Fifth Amendment
An amendment to the U.S. Constitution that provides procedures for dealing with presidential disability and succession.
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