The Following Are the Equations for the Supply and Demand

question 237

Multiple Choice

The following are the equations for the supply and demand curves in the market for weezils: where Qd is the quantity demanded, Qs is the quantity supplied, and P is the price per weezil in dollars.
-Refer to Exhibit 4-1.According to the data given, when the market is in Equilibrium, how many weezils are sold?

• A)3
• B)5
• C)11
• D)14

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