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Use the following to answer questions:
Figure: Efficient Market Outcome Use the following to answer questions: Figure: Efficient Market Outcome   -(Figure: Efficient Market Outcome)  Refer to the figure. The efficient price and quantity are, respectively: A)  P<sub>1</sub> and Q<sub>1</sub>. B)  P<sub>1</sub> and Q<sub>2</sub>. C)  P<sub>2</sub> and Q<sub>1</sub>. D)  P<sub>3</sub> and Q<sub>2</sub>.
-(Figure: Efficient Market Outcome) Refer to the figure. The efficient price and quantity are, respectively:

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Definitions:

State Constitutions

The fundamental legal documents establishing the governance structure of individual states within a federation.

Property Qualifications

Historical requirements that limited voting rights and political participation to individuals who owned property or met certain wealth criteria.

Virtuous Citizenry

A concept in republican ideology that emphasizes the importance of citizens possessing virtue, such as honesty and civic responsibility, for the wellbeing of the state.

Abigail Adams

The wife of President John Adams and mother of President John Quincy Adams, known for her extensive letters advocating for women's rights.

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