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Imagine a free market in which at a price

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Reference no: EM131984047

Imagine a free market in which at a price of $10, quantity supplied is 50 units and quantity demanded is 50 units. Equilibrium price in this market:

Select one:

a. is equal to $10.

b. is less than $10.

c. is greater than $10.

d. differs from $10 in an indeterminate direction.

Reference no: EM131984047

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