Table 4-7 -Refer to Table 4-7.The Equations Above Describe the Demand and Describe

question 148

Multiple Choice

Table 4-7

-Refer to Table 4-7.The equations above describe the demand and supply for Bubba's Fried Jellybeans.What are the equilibrium price and quantity (in thousands) for Bubba's Fried Jellybeans?

• A)$80 and 40 thousand
• B)$60 and 10 thousand
• C)$20 and 20 thousand
• D)$40 and 5 thousand