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Allisa [31]
3 years ago
15

A new CD is being marketed to teens at a price of $20. The suppliers are selling all of the CDs they have, and the teens are get

ting all of the CDs they are demanding, so $20 could be defined as the CD's. a. average price b. equilibrium price c. maximum price d. minimum price
Mathematics
2 answers:
DENIUS [597]3 years ago
6 0
Out of the choices given, $20 can be defined as the CD's equilibrium price. The correct answer is B, equilibrium price. 
Brums [2.3K]3 years ago
4 0
I believe the answer is B. equilibrium price
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