If a Demand Curve and a Supply Curve Can Be

question 32

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

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Definitions:

Chilkat

A style of weaving traditionally practiced by the Tlingit and other Indigenous peoples of the Pacific Northwest, characterized by complex patterns and symbolic motifs.

Animal Motifs

Designs, patterns, or thematic elements in art and decoration that feature animals or animal symbolism.

Tlingit Artists

Indigenous artists of the Tlingit people, native to the Pacific Northwest of North America, known for their intricate woodwork and totem poles.

Haida Village

A settlement historically inhabited by the Haida, an indigenous people of the Pacific Northwest Coast of North America.