Consider the market for newspapers shown below. As this is an election year the demand for newspapers has increased by a 100 newspapers at each price. What is the new equilibrium quantity in the market? Price OOC $7.00 $6.00 $5.00 $4.00 $3.00 $2.00 $1.00 $0.00 250 150 100 0 Market for Newspapers 50 100 Quantity 150 D 200

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Consider the market for newspapers shown below. As this is an election year the demand for newspapers has increased by a 100 newspapers at each price. What is the new equilibrium quantity in the market? A) 250 B) 150 C) 100 D) 200
Consider the market for newspapers shown below. As this is an election year the
demand for newspapers has increased by a 100 newspapers at each price. What is
the new equilibrium quantity in the market?
Price
OOO
$7.00
$6.00
$5.00
$4.00
$3.00
$2.00
$1.00
$0.00
250
150
100
0
Market for Newspapers
50
100
Quantity
150
D
200
Transcribed Image Text:Consider the market for newspapers shown below. As this is an election year the demand for newspapers has increased by a 100 newspapers at each price. What is the new equilibrium quantity in the market? Price OOO $7.00 $6.00 $5.00 $4.00 $3.00 $2.00 $1.00 $0.00 250 150 100 0 Market for Newspapers 50 100 Quantity 150 D 200
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