Question

12. Suppose that the price of basketball tickets at your college is determined by market forces. Currently,
the demand and supply schedules are as follows:
Price
Quantity Demanded
Quantity Supplied
$4
8
12
10,000 tickets
8,000
6,000
4,000
2,000
8,000 tickets
8,000
8.000
8.000
8,000
16
20​

Answer 1

Answer:

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