Graph 4-5

question 204

Multiple Choice

Graph 4-5
-Refer to Graph 4-5.According to the graph, equilibrium price and quantity are:

• A)$7, 20
• B)$7, 60
• C)$5, 40
• D)$3, 60

---

Definitions:

Lockouts

An action taken by employers to prevent workers from entering the workplace during a labor dispute, typically aimed at pressuring the workers to accept terms or conditions.

Leading Nation

A country considered to be at the forefront in terms of economic, military, or political power globally.

Ludlow Massacre

A violent conflict in 1914 between coal miners and guards hired by mining companies in Ludlow, Colorado, resulting in numerous deaths, including women and children.

Woodrow Wilson

The 28th President of the United States, who served from 1913 to 1921, known for leading the country during World War I and advocating for the League of Nations.