Use the Figure Below to Answer the Following Questions

question 98

Multiple Choice

Use the figure below to answer the following questions.
Table 3.5.2
Demand and Supply Schedules for Cups of Coffee each day at CoolU

-Refer to Table 3.5.2.The equilibrium price is $________ and the equilibrium quantity is ________ cups a day.

• A)1.30;1200
• B)0.90;1000
• C)1.10;900
• D)1.10;800
• E)1.00;800

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Definitions:

Count

The action of determining the total number of items in a collection or group.

Addition

The mathematical operation of combining two or more quantities to find their total or sum.

Sizes

The dimensions, proportions, or magnitude of objects, expressed in terms of volume, area, or length.

Stimulus Dimension

A specific aspect of a stimulus, such as color or shape, which can be detected and processed by the sensory system.