Answer the following questions based on Tables 5P-3 and 5P-4. a. What is the quantity demanded at

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Answer the following questions based on Tables 5P-3 and 5P-4.

a. What is the quantity demanded at $10? What is the quantity supplied at $10?

b. What is the quantity demanded at $25? What is the quantity supplied at $25?

Table 5P-3:

Table 5P-4:

Seller A D н Willingness to sell for one unit $4 $12 $9 $14 $21 $15 $23 $51 $30

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Microeconomics

ISBN: 978-1259813337

2nd edition

Authors: Dean S. Karlan, Jonathan J. Morduch

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Question Posted: Oct 03, 2018 11:58 AM

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Answer the following questions based on Tables 5P-3 and 5P-4. a. What is the quantity demanded at

Question:

Buyer A Willingness to pay for one unit $35 $33 $27 $22 $21 $13 $13 $12 $6 Seller A D н Willingness to sell for one unit $4 $12 $9 $14 $21 $15 $23 $51 $30

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a Quantity demanded is 8 units All consumers except for consumer I are wil...View the full answer

Microeconomics

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