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The demand and supply schedules for carrots in a certain market are given below:

Price per ton Quantity demanded per month Quantity supplied per month

Sh. '000 (Thousands of tons) (Thousands of tons)

2 110.0 5.0

4 90.0 46.0

8 67.5 100.0

10 62.5 115.0

12 60.0 122.5

Determine the equilibrium quantity and price by graphical method.(4marks)

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