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.

---

Definitions:

Presentation

A collection of slides or digital pages that can contain text, images, and other multimedia, used to convey information or support speech.

Default

A preselected option or setting that is used unless an alternative is specified by the user or programmer.

PowerPoint

A presentation program developed by Microsoft, used for creating slideshows composed of text, graphics, and other objects.

CTRL+X

A keyboard shortcut used to cut the selected item to the clipboard.