Use the following to answer questions : 
-(Table: The Market for Chocolate-Covered Peanuts) Look at the table The Market for Chocolate-Covered Peanuts. The equilibrium quantity and the equilibrium price are _____ bags and _____.
Definitions:
Attribute Preference Rule
A decision-making heuristic where consumers select products or services based on a subset of relevant features that they prefer.
Elimination-by-aspects
A decision-making model in which choices are systematically rejected based on the absence of specific, desirable attributes.
Lexicographic Rule
A decision rule where choices are compared based on the most important attribute first, then the second most important, and so on, until a decision is made.
Heuristic
A mental shortcut that allows people to solve problems and make judgments quickly and efficiently.
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