Question: 56. Refer to the graph above to answer this question. What would be the new equilibrium price and quantity if demand decreased by 60? A.

56. Refer to the graph above to answer this question. What would be the new equilibrium price and quantity if demand decreased by 60? A. $1,000 and 80. B. $800 and 80. C. $1,400 and 80. D. $1,400 and 60

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