The Figure Below Shows the Supply and Demand Curves for Jeans

question 119

Multiple Choice

The figure below shows the supply and demand curves for jeans in Smallville. At the price of $60 per pair, sellers offer _____ pairs of jeans per day, and buyers wish to purchase ______ pairs of jeans a day.

• A)60; 20
• B)8; 24
• C)16; 16
• D)24; 8

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Definitions:

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Declaration Of War Against Great Britain

An official statement or action by which a country announces its intention to engage in warfare with Great Britain, historically significant during the American Revolutionary War.

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