If Demand Is Given by P = 75 - 3Q

question 43

Multiple Choice

If Demand is given by P = 75 - 3Q and Supply is given by P = 12 + 4Q, then the equilibrium (Q,P) is:

• A)(9,48).
• B)(11,55).
• C)(7,54).
• D)(8,44).

---

Definitions:

Gender Identity

An individual's personal sense of their own gender, which may or may not correspond to the sex they were assigned at birth.

Biological Characteristics

Traits or features of organisms resulting from genetic expression, including physical attributes, biochemical processes, and genetically influenced behavior.

Incidence

The frequency or rate at which a particular event or condition occurs within a specific population or area.

Criminal Activity

Refers to the conduct that violates the laws established by a government and is subject to prosecution and punishment.