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.
​

• 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

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Definitions:

Epiblast Cells

Cells in the early embryo that give rise to the tissues of the body.

Mesoderm

Middle of the three germ layers of an embryo.

Mesoderm

The middle layer of an embryo in early development, which gives rise to muscles, bones, and circulatory and excretory systems.

Epiblast Cells

The cells in the early embryo that give rise to all of the body's tissues and organs during development.