Demand and supply for oil

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Reference no: EM13832671

Find the equilibrium given the following demand and supply for oil (in barrels)

Price Demand Supply

$10 5 105

$9 10 90

$8 15 75

$7 20 60

$6 25 45

$5 30 30

$4 35 15

$3 40 0

Reference no: EM13832671

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