Using the Data in the Table Above, the Equilibrium Quantity

question 34

Multiple Choice

Using the data in the table above, the equilibrium quantity and equilibrium price for a cellular smart phone is

• A) 60,000 and $50.
• B) 80,000 and $80.
• C) 40,000 and $20.
• D) 50,000 and $100.
• E) 100,000 and $20.

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Definitions:

Organic

Pertains to or derived from living matter; in chemistry, it relates to compounds containing carbon.

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