ECO 365 Enthusiastic study / snaptutorial.com

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Use the following graph for the milk market to answer the question below. In this market, the equilibrium price is ____ and equilibrium quantity is ___ Multiple Choice $1.50 per gallon; 28 million gallons. $1.50 per gallon; 30 million gallons. $1.00 per gallon; 35 million gallons. $28 per gallon; 150 million gallons. Use the following table to answer the question below.

Price per Unit Quantity Demanded per Year Quantity Supplied per Year $5 2,000 0 10 1,800


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