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Business, 28.03.2021 20:30 alyssa5485

1. The table below shows the demand and supply schedule for a particular product.
Price ($)
Quantity demanded Quantity supplied
10
60
20
20
40
40
30
20
60
40
10
80
a.
Draw the curve
b. Identify the equilibrium price and quantity
Calculate and identify the value of excess demand or supply if the price is $10
d. Calculate and identify the value of excess demand or supply if the price is $40
c.

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1. The table below shows the demand and supply schedule for a particular product.
Price ($)
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