Directions: Use the graphs to answer the questions that follow. Cups of Coffee $6 $5 $4 $3 Demand $2 DSupply $1 $0 Quantity 1. According to the graph above, what is the equilibrium price? 2. According to the graph above, what is the equilibrium quantity? 3. If the price is $5, how many cups of coffee will consumers wish to purchase? Price 150 250

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