Figure 4-3 ​

question 317

Multiple Choice

Figure 4-3
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-Refer to the Figure 4-3.If price in this market is currently $8,what would happen

• A)Quantity supplied would be 40 and quantity demanded would be 60.
• B)Quantity supplied would be 60 and quantity demanded would be 40.
• C)Quantity supplied would be 50 and quantity demanded would be 50.
• D)Quantity supplied would be 70 and quantity demanded would be 30.