What are the equilibrium price and equilibrium quantity in


Question: The market for ice cream has the following demand and supply schedules:

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a. What are the equilibrium price and equilibrium quantity in the ice cream market? Confirm your answer by graphing the demand and supply curves.

b. If the actual price was $3 per quart, what would drive the market toward equilibrium?

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Macroeconomics: What are the equilibrium price and equilibrium quantity in
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