What is the equilibrium price in this


Suppose there are nine sellers and nine buyers, each willing to buy or sell one unit of a good, with values {$10, $9, $8, $7, $6, $5, $4, $3, $2}. Assuming no transactions costs and a competitive market, what is the equilibrium price in this market?

a. $5

b. $6

c. $7

d. $8

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Econometrics: What is the equilibrium price in this
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