Question: complete answer for the following question . thank you so much 1. The following table gives the daily supply and demand for hot dogs at

 complete answer for the following question . thank you so much

complete answer for the following question . thank you so much

1. The following table gives the daily supply and demand for hot

1. The following table gives the daily supply and demand for hot dogs at a sporting event: Price, $ Quantity demanded Quantity supplied 2.10 800 7,200 1.80 1,600 4,800 1.60 2,400 2.400 1.40 3,200 800 1.20 4,100 200 What is the equilibrium price of hot dogs? What makes you think so? C. If the organizers of the sporting event decide to set the price at 1.80, how many hot dogs will be sold? d. If the organizers of the sporting event decide to set the price at $1.40, what will happen on the supply

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