Use the Table Below to Answer the Following Questions

question 6

Multiple Choice

Use the table below to answer the following questions.
Table 3.5.1
The Market for Car-Seat Heaters

-Refer to Table 3.5.1.The equilibrium price is $________ and the equilibrium quantity is ________ heaters per month.

• A)80;500
• B)80;300
• C)50;450
• D)50;350
• E)60;400

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Definitions:

Arithmetic Operations

Fundamental arithmetic functions such as add, subtract, multiply, and divide.

Four-Figure Accuracy

Refers to numerical accuracy up to four digits, often used in scientific and mathematical contexts to maintain precision.

Repeating Decimal

A decimal fraction in which a figure or group of figures is repeated indefinitely.

Percent Equivalent

A way to express a number as a fraction of 100, commonly known as a percentage.