If a Demand Curve and a Supply Curve Can Be

question 7

Multiple Choice

If a demand curve and a supply curve can be stated functionally as Qd = 100 - 5P; and Qs = 90 + 5P,respectively,then the equilibrium quantity and price (Q,P) would be

• A)95; 1.
• B)1; 95.
• C)190; 1.
• D)95; 10.
• E)190; 10.

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