Answer the question based on the following supply and demand schedules in units per week for a product. Price Quanity Demanded Quantity Supplied $60 100 40050 140 34040 180 28030 220 22020 260 16010 300 100Refer to the above table. if demand increased by 40 units at each price while supply decreased by so unts at each price. the equlibrium price wouid be: a. $30 b. $40 c. $60d. $50
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