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Question: price of good quantity demandedquantity supplied 2 10 15...

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Price of Good | Quantity Demanded|Quantity Supplied 2 $10 $15 of Good 2 40 35 30 25 20 of Good 2 20 25 30 35 40 $25 $30 Instructions: Use the tools provided supply and demand to plot the supply and demand curves. (Plot all 5 points for each curve) Use the tool provided equilibrium to label the market equilibrium. Good 2 $50 Tools Supply $30 Equilibrium $20 $10 10 20 30 50 b. If suppliers expect the price of oil to decrease in the near future, the current [ (Click to select) cause the equilibrium price to | (Click to select) and the equilibrium quantity to ( (Click to select) 0f oil will (Click to select) . This will .

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