For the Pair of Supply and Demand Equations ​

question 209

Multiple Choice

For the pair of supply and demand equations ​ and ​
Where x represents the quantity demanded in units of a thousand and p the unit price in dollars, find the equilibrium quantity and the equilibrium price.
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• A) x = 4.50, p = $55.50
• B) x = 9.50, p = $210.50
• C) x = 9.50, p = $150.50
• D) x = 7.00, p = $103.00
• E) x = 2.50, p = $77.50