The Demand Curve Is P = 800 - 25Q_D

question 113

Multiple Choice

The demand curve is P = 800 - 25Q_D.The supply curve is P = 500 + 25Q_S.At market equilibrium,the equilibrium quantity is ________ and the equilibrium price is ________.

• A)25;0.17
• B)650;6.0
• C)0.17;25
• D)6.0;650
• E)1,300;zero

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