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Original number of chocolates with Jim = 275 + 35 = 310 Number of chocolates left with Sam = 275 - 275 X 0.2 = 220 Number of chocolates left with Jim = 310 X 0.7 = 217 So, required difference = 220 - 217 = 3 Hence, option a.
Equilibrium price is the price when:
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