Refer to the Table

question 343

Multiple Choice

$$\begin{array} { | c | c | c | c | c | } \hline ( 1 ) & ( 2 ) & ( 3 ) & ( 4 ) & ( 5 ) \\Q _ { d } & Q _ { d } & \text { Price } & Q _ { S } & Q _ { S } \\\hline 50 & 40 & \$ 10 & 70 & 80 \\\hline 60 & 50 & 9 & 60 & 70 \\\hline 80 & 60 & 8 & 50 & 60 \\\hline 90 & 70 & 7 & 40 & 50 \\\hline 100 & 80 & 6 & 30 & 40 \\\hline\end{array}$$ Refer to the table. If demand is represented by columns (3) and (1) and supply is represented by columns (3) and (4) , equilibrium price and quantity will be

• A) $10 and 60 units.
• B) $9 and 60 units.
• C) $8 and 80 units.
• D) $8 and 60 units.

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