Use the Following Table to Answer the Next Questions -What Is the Equilibrium Quantity in the Market for Public

question 133

Multiple Choice

Use the following table to answer the next questions.
$$\begin{array}{l}\text { Market for Public Transportation }\\\begin{array} { l c c } \hline \text { Price } & \text { Quantity Demanded } & \text { Quantity Supplied } \\\hline \$ 0.75 & 100,000 & 65,000 \\\$ 1.00 & 92,000 & 80,000 \\\$ 1.25 & 86,000 & 86,000 \\\$ 1.50 & 80,000 & 100,000 \\\$ 1.75 & 75,000 & 115,000 \\\$ 2.00 & 68,000 & 116,000\end{array}\end{array}$$
-What is the equilibrium quantity in the market for public transportation?

• A) 100,000
• B) 86,000
• C) 75,000
• D) 116,000
• E) 0 (zero)

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