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In the diagram equilibrium price is:

Economics
JAMB 1978
In the diagram equilibrium price is:
  • A. P2
  • B. Po
  • C. P1
  • D. indeterminate
  • E. between Po and P1 Diagram P.2
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Correct Answer: Option B
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts