-Refer to the Graph Above to Answer This Question

question 52

Multiple Choice

-Refer to the graph above to answer this question.What would be the new equilibrium price and quantity if demand decreased by 60?

• A)$1,000 and 80.
• B)$800 and 80.
• C)$1,400 and 80.
• D)$1,400 and 60.

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Definitions:

Industrial Waste

Unwanted or residual materials produced by industrial activities, which can include chemicals, metals, and construction debris.

Private International Law

Laws that establish international legal jurisdiction and procedures for people and organizations

Public International Law

A body of legal rules and norms that governs the conduct and relations of states, international organizations, and, in certain cases, individuals.

Sovereign Governments

The ultimate authority within a defined geographical territory, responsible for creating and enforcing laws.