Question: Chrome File Edit View History Bookmarks People Tab Window Help B () 96% [+]. Sun Jan 17 1:10 PM Q E .. 5 2-2:

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Chrome File Edit View History Bookmarks People Tab Window Help B " () 96% [+]. Sun Jan 17 1:10 PM Q E .. 5 2-2: Homework 2 X + A ezto.mheducation.com/hm.tpx G . . . value: 8.00 points Market for Tutoring 50 45 Market Supply 40 35 30 Price of Tutoring (dollars per hour) 25 Market Demand 20 10 O 25 50 75 100 125 150 Quantity (hours per semester) 17 X #tv W30 25 Market Demand 20 Price of Tutoring (doll 10 25 50 75 100 125 150 Quantity (hours per semester) a. Determine the size of the market surplus or shortage that would exist at a price of $40. There will be a surplus of hours b. Determine the size of the market surplus or shortage that would exist at a price of $20. There will be a shortage of hours 17 X O OW
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