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jonaschem16 jonaschem16
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A year ago
The table shows the quantity of mystery books that is demanded and supplied at various prices.
PriceQuantity DemandedQuantity Supplied
5.0060​39​
5.2552​41.5​
5.5044​44​
5.7536​46.5​
6.0028​49​
Assume that at each price, quantity demanded decreases by 2.5 and quantity supplied increases by 8. What is the new equilibrium price and quantity?

▸ $5.25, 49.5

▸ $5.75, 49.5

▸ $5.25, 54.5

▸ $5.75, 54.5
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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jd1044jd1044
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A year ago
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jonaschem16 Author
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A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
foxrcng11
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Yesterday
Helped a lot
Shassta22
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2 hours ago
Thank you, thank you, thank you!
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