Let Demand Be Given by P = 20 - 3Q

question 7

Multiple Choice

Let demand be given by P = 20 - 3Q and supply by P = 5 + 2Q. Equilibrium quantity will be:

• A)5
• B)3
• C)11
• D)10

---

Definitions:

Correlational Method

A research strategy used to examine the relationship between variables, without implying causation.

Experimental Method

A scientific approach to research in which variables are manipulated to observe their effect on other variables, allowing for determination of cause-and-effect relationships.

Focus Group

A research method involving guided discussions with a group of people to gather diverse perspectives on a particular subject.

Positive Correlation

Positive correlation exists when two variables move in the same direction, meaning that as one variable increases, the other variable also increases.