Refer to the Above Table

question 97

Multiple Choice

$$\begin{array} { | c | c | c | } \hline \text { Quantity Demanded } & \text { Price } & \text { Quantity Supplied } \\\hline 5 & \$ 7 & 9 \\\hline 6 & 6 & 8 \\\hline 7 & 5 & 7 \\\hline 8 & 4 & 6 \\\hline 9 & 3 & 5 \\\hline 10 & 2 & 4 \\\hline 11 & 1 & 3 \\\hline\end{array}$$ Refer to the above table. If demand decreased by 4 units at each price, what would the new equilibrium price and quantity be?

• A) $3 and 5 units
• B) $4 and 6 units
• C) $5 and 7 units
• D) $6 and 8 units

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Definitions:

Epithelial Tissue

A protective tissue that covers the body surface, lines internal organs, and forms glandular tissue.

Carcinoma

A type of cancer that begins in the skin or in tissues that line or cover internal organs.

Granulation Tissue

New vascular tissue in granular form on an open wound, which is indicative of the healing process.

Fibroblasts

Cells in connective tissue that produce collagen and other fibers.