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sam3359 sam3359
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2 years ago
The supply and demand schedules for the umbrella market are given below:

PriceQuantity SuppliedQuantity Demanded
 $10400 700
 $15500650
 $20600600
 $25700550
 $30800500

TABLE 3-2

Refer to Table 3-2. At a price of ________ there would be an excess ________ of umbrellas.

▸ $10; demand

▸ $20; demand

▸ $10; supply

▸ $30; demand

▸ $20; supply
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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jcochran128jcochran128
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2 years ago
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sam3359 Author
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2 years ago
Thanks for your help!!
jaray75
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Thanks
sweetalia
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This site is awesome
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