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Unformatted text preview: IN the above example, at a price of $14, the quantity supplied equals the quantity demanded of 15 u Therefore, Equilibrium price = $14 Equilibrium quantity = 15 units ied. units....
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This note was uploaded on 08/04/2011 for the course ECN 601 taught by Professor Professor during the Spring '10 term at Grand Canyon.
- Spring '10