Table 33 -Refer to Table 3

question 129

Multiple Choice

Table 3.3
$\begin{array}{|l|c|}\hline \text { Demand } & \text { Supply } \\\hline P=80-Q D & P=50+1 / 2 Q S \\\hline Q D=80-P & Q S=2 P-100\\\hline\end{array}$
-Refer to Table 3.3.The equations above describe the demand and supply for Chef Ernie's Sushi-on-a-Stick.What are the equilibrium price and quantity (in thousands) for Chef Ernie's sushi?

• A)$80 and 80 thousand
• B)$60 and 20 thousand
• C)$50 and 100 thousand
• D)$40 and 50 thousand

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Definitions:

Rubber Band

A stretchable loop of rubber used for holding items together.

Interrupting

The act of breaking the continuity of someone's speech or activity without permission or invitation.

Anger

A strong feeling of annoyance, displeasure, or hostility, which can vary in intensity and be provoked by perceived wrongs or frustrations.

Hot Stove

An analogy often used in discipline, suggesting that, like touching a hot stove and experiencing immediate consequence, consequences of actions should be immediate, clear, and consistent.