Price (5) 45 42 39 36 33 30 27 S
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question

Transcribed Image Text:Price ($)
45
42
39
36
33
30
27
24
21
18
15
12
9
6
3
1 2 3 4 5 6 7 8 9 10
In the market shown in the graph, the equilibrium price is:
Multiple Choice
O
$6.
$27.
$12
$36.
O
Quantity
(in thousands)
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