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QUESTION

6) How do the results of the experiments match with the predicted equilibrium price and quantity from your supply and demand diagrams?

6) How do the results of the experiments match with the predicted equilibrium price and quantity from your supply and demand diagrams? 7) Focusing again on Session 2, how large would the total combined profit of all traders have been if the number of transactions, the price, and the buyers and sellers trading had been precisely what was predicted by economic theory?

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