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Answer to Question #44496 in Microeconomics for Amelia
Question #44496
suppose the market for frozen orange juice is in equilibrium at a price of RM1.00 per can and a quantity of 4200 cans per month. now suppose that at a price of RM1.50 per can, quantity demanded falls to 3000 cans per month and quantity supplied increases to 4500 cans per month.
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