The table shows the demand and supply schedules for hot chocolate. What is the market equilibrium in the hot chocolate market? The equilibrium price is $ The equilibrium quantity is a cup. cups a day. Price (dollars per cup) 1.10 1.45 1.80 2.15 2.50 Quantity demanded Quantity supplied (cups per day) 200 175 150 125 100 110 130 150 170 190

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