Equilibrium price and quantity are determined by:
A. supply.
B. both supply and demand.
C. government regulations.
D. demand.
Answer: B
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Indicate whether the statement is true or false
Refer to Scenario 15.6. The expected NPV of the computer purchase is approximately
A) $3,200. B) $5000. C) $10,000. D) $68,000. E) $96,000.
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