The Following Table Displays the Reservation Values of Eight Buyers

question 36

Multiple Choice

The following table displays the reservation values of eight buyers and eight sellers, who each want to buy or sell a calculator.

-Refer to the table above.If the market is perfectly competitive,the equilibrium quantity of calculators is ________.

• A) 3 units
• B) 5 units
• C) 6 units
• D) 8 units

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Definitions:

Coughing

A sudden, forceful expulsion of air from the lungs, often a reflex to clear the airways of irritants or mucus.

Maximum Heart Rate

The highest heart rate an individual can achieve during maximal exercise, used to guide workout intensity.

Resting Heart Rate

The number of heartbeats per minute when a person is at rest, indicating cardiovascular fitness.

ATP

ATP, short for adenosine triphosphate, functions as the cellular energy courier, vital for metabolic activities.