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For the following questions, consider the table below:
-How many data are depicted in this table?
Tennis Racquets
Sporting equipment consisting of a handled frame with an open hoop across which a network of strings is stretched, used to hit a tennis ball.
Demand Schedule
A table that shows the quantity of a good or service that consumers are willing to buy at each price point.
Supply Schedule
A table that shows the relationship between the price of a good and the quantity of that good a supplier is willing to offer for sale at each price level.
Equilibrium Price
The market price at which the quantity of goods demanded equals the quantity supplied, bringing the market into balance.
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