Price Quantity demanded Quantity supplied 3 150 60 4 100 100 5 70 130 6 50 150   Plot the demand and supply curve in the same graph  What is the market equilibrium  If the price of chocolate is $3 describe the situation in the market and explain how the price adjusts.

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Q: Question 9

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Q: Question    Price Quantity demanded Quantity supplied 3 150 60 4 100 100 5 70 130 6…

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