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Social Studies, 04.10.2020 14:01 WATBOI01

Supply-and-Demand Schedule for Cell Phones Price of Cell Phones Quantity Supplied of Cell Phones Quantity Demanded of Cell Phones $25 0 500 $50 200 450 $100 300 300 $150 400 250 $200 500 0 In the supply-and-demand schedule shown above, at the prices of and , there is excess supply because quantity supplied is greater than quantity demanded. $25, $50 $25, $200 $150, $200

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