The table below shows the supply and demand schedules for th…
The table below shows the supply and demand schedules for the market for beer. The market for beer Price ($ per beer) Quantity Demanded Quantity Supplied 6 32 18 7 26 26 8 20 34 9 14 42 10 8 50 Identify the market equilibrium price $ [price] per beer and quantity [quantity] beers. At what price(s) would there be a surplus in the market for beer? [surplus].
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