[Solved] -Refer to Figure 10

Question 113
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-Refer to Figure 10.11 to answer this question.Suppose this graph depicts a perfectly competitive industry.What will be the equilibrium price and output respectively?

A)$40 and 15.
B)$40 and 30.
C)$60 and 20.
D)$60 and 25.
E)$70 and 15.


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