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This question is based on the following table which shows the supply and demand ...
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This question is based on the following table which shows the supply and demand schedules for face masks:
Price | Quantity supplied | Quantity demanded |
R20 | 400 | 700 |
R25 | 500 | 650 |
R30 | 600 | 600 |
R35 | 700 | 550 |
R40 | 800 | 500 |
What is the maximum number of face masks firms should produce?
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100%
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