What is the equilibrium price of bagels

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Problems 1–5 are based on the graph below. At a price of $1.50 per dozen, how many bagels are demanded per month?

At a price of $1.50 per dozen, how many bagels are supplied per month?

At a price of $3.00 per dozen, how many bagels are demanded per month?

At a price of $3.00 per dozen, how many bagels are supplied per month?

What is the equilibrium price of bagels? What is the equilibrium quantity per month?

Reference no: EM131253092

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