Examlex

Solved

-Equilibrium Price Is _______ and Equilibrium Quantity Is ______

question 52

Multiple Choice

 Price  Quantity  Demanded  Quantity  Supplied $5050150$4080120$30100100$2012070$1016030\begin{array} { c c c } \text { Price } & \begin{array} { c } \text { Quantity } \\\text { Demanded }\end{array} & \begin{array} { c } \text { Quantity } \\\text { Supplied }\end{array} \\\$ 50 & 50 & 150 \\\$ 40 & 80 & 120 \\\$ 30 & 100 & 100 \\\$ 20 & 120 & 70 \\\$ 10 & 160 & 30\end{array}
-Equilibrium price is _______ and equilibrium quantity is ______.


Definitions:

Related Questions