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    Farhana Anwar
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    This graph shows the supply and demand for tapes over time. The supply curve is relatively flat while the demand curve slopes downward, showing that as the quantity of tapes increases the price that consumers are willing to pay decreases. The equilibrium price is reached at around 4 million tapes per week, where the supply and demand curves intersect.

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    This graph shows the supply and demand for tapes over time. The supply curve is relatively flat while the demand curve slopes downward, showing that as the quantity of tapes increases the price that consumers are willing to pay decreases. The equilibrium price is reached at around 4 million tapes per week, where the supply and demand curves intersect.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    6 views1 page

    Quantity

    Uploaded by

    Farhana Anwar
    This graph shows the supply and demand for tapes over time. The supply curve is relatively flat while the demand curve slopes downward, showing that as the quantity of tapes increases the price that consumers are willing to pay decreases. The equilibrium price is reached at around 4 million tapes per week, where the supply and demand curves intersect.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    uant|ty (m||||ons of tapes per week)

    0
    1
    2
    3
    4
    3
    6
    7
    0 2 4 6 8 10 12
    Supply of Lapes
    uemand for Laps

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