In a Market the Demand Curve Is Given by P

question 2

Multiple Choice

In a market the demand curve is given by P = 120 - 2q and supply by P = q.What is PS in the market equilibrium?

• A)PS = 1600
• B)PS = 3200
• C)PS = 1200
• D)PS = 800
• E)None of the above.

---

Definitions:

PLC Editing Functions

Features within a PLC programming environment that allow the programmer to make changes, corrections, or updates to the PLC program.

Instructions

Commands or orders given to a computer processor to perform specific operations during the execution of a program.

Temporary End Instruction

A directive in programming that signifies a temporary halt or pause in the execution of a sequence of code.

Logic Being Scanned

Refers to the process in programmable logic controllers (PLCs) where the programmed logic is sequentially checked or executed.