Use the Following Information to Answer the Following Questions

question 24

Multiple Choice

Use the following information to answer the following questions.
Market for used cars:
Demand: Q_d = 154,000 - 86P
Supply: Q_s = -100 + 14P
-What would be the equilibrium price for used cars?

• A) $100
• B) $154,100
• C) $21,474
• D) $1,541
• E) $72

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Definitions:

Proprioceptive Feedback

The sensory information received from within the body that helps one to understand the position and movement of muscles and limbs, contributing to the sense of body position and movement.

Kinesthetic

Refers to the sense that detects bodily position, weight, or movement of the muscles, tendons, and joints.

Vestibular

Relating to the inner ear system that helps control balance and eye movements.

Orientation

Awareness of oneself in relation to time, place, and identity.