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Use the Figure Below to Answer the Following Questions

question 177

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Use the figure below to answer the following questions.
Table 3.5.2
Demand and Supply Schedules for Cups of Coffee each day at CoolU
Use the figure below to answer the following questions. Table 3.5.2 Demand and Supply Schedules for Cups of Coffee each day at CoolU    -Refer to Table 3.5.2.Professor Hyper publishes a new study,showing that coffee raises the test performance of students.Students double their demand for coffee and the quantity of coffee demanded at each price doubles.The new equilibrium price is $________,and the new equilibrium quantity is ________ cups a day. A) 1.20;1,000 B) 1.30;1,200 C) 1.50;1,600 D) 1.40;1,400 E) 2.20;800
-Refer to Table 3.5.2.Professor Hyper publishes a new study,showing that coffee raises the test performance of students.Students double their demand for coffee and the quantity of coffee demanded at each price doubles.The new equilibrium price is $________,and the new equilibrium quantity is ________ cups a day.


Definitions:

Telecommuting

The practice of working from a remote location, outside of a traditional office environment, often from home, using telecommunication tools.

Socialization

The process by which individuals learn and adopt the norms, values, and behaviors necessary for functioning within a society.

Workflow

A set of tasks, procedural steps, organizations or people involved, required input and output information, and tools needed for each step in a business process.

Collaboration

The action of working with someone to produce or create something, often seen in work environments and creative projects.

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