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Economics - Financial Markets
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OpenStudy (anonymous):
http://gyazo.com/622d59f62d0a242c34771915859e8b24 Please click link to see question & answers.
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OpenStudy (dmndlife24):
The increasing lines are the supply curves...s1 and then s2 at a later time. The decreasing line is the demand curve and point (85, 5) is where the demand and s1 intersect. Since 85 represents the quantity, and 5 represents the price, the answer would be a.
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