Refer to the Table

question 145

Multiple Choice

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)$7 and 40 units.
• B)$8 and 60 units.
• C)$7 and 50 units.
• D)$9 and 60 units.
• E)$7 and 30 units.

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