Use the Following to Answer Questions: Table: Equilibrium Price, Quantity

question 37

Multiple Choice

Use the following to answer questions: Table: Equilibrium Price, Quantity $$\begin{array} { c c c } \hline \boldsymbol { P } & \boldsymbol { Q } _ { \mathbf { d } } & \boldsymbol { Q } _ { \mathbf { s } } \\\hline \$ 10 & 50 & 30 \\12 & 45 & 35 \\14 & 40 & 40 \\16 & 35 & 45 \\18 & 30 & 50 \\\hline\end{array}$$
-(Table: Equilibrium Price, Quantity) Refer to the table. The equilibrium P and Q are:

• A) $10 and 50.
• B) $12 and 35.
• C) $40 and 14.
• D) $14 and 40.

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