The term choke price is used to describe the lowest price at which the quantity demanded of a good is equal to zero. Using the graph below, what is the choke price of hand sanitizer in the Champaign- Urbana area? Price ($) 3.00 1.75- 1.20 300 Supply Demand 800 Sanitizer (Hundreds of Bottles)

Kk137.  Transcribed Image Text:The term choke price is used to describe the lowest price at which the quantity demanded of a good is equal to zero. Using the graph below, what is the choke price of hand sanitizer in the Champaign- Urbana area? Price ($) 3.00...
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