Given the Equations for Demand and Supply: Qd = 48

question 33

Multiple Choice

Given the equations for demand and supply: Qd = 48 − 4P and Qs = 4P − 16, respectively, the quantity demanded equals the quantity supplied at a price of:

• A) $4.
• B) $8.
• C) $12.
• D) $16.

---

Definitions:

Overexertion

The result of physical or mental effort exceeding one's capacity, leading to stress or health issues.

Back Strain

An injury to the muscles or tendons in the back due to overstretching or tearing.

Hypoglycemia

Low blood sugar.

Insulin Shock

A severe form of hypoglycemia caused by an excess of insulin in the bloodstream, leading to symptoms like confusion, tremors, and in severe cases, coma.