-The Equilibrium Price Is About
A)$13

question 63

Multiple Choice

$\begin{array}{ccc}\begin{array}{c}\text { Quantity } \\\text { Demanded }\end{array} & \text { Price } & \begin{array}{c}\text { Quantity } \\\text { Supplied }\end{array} \\11 & \$ 15 & 18 \\15 & \$ 14 & 16 \\20 & \$ 13 & 11\end{array}$
-The equilibrium price is about

• A)$13.50.
• B)$13.80.
• C)$14.00.
• D)$14.20.
• E)$14.50.

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Definitions:

Customer Benefit Approach

A sales strategy focusing on highlighting the advantages and improvements a product or service can bring to a customer's life or business.

Unique Gift

A special and one-of-a-kind present designed to surprise or please someone.

Gratitude

The feeling of thankfulness or appreciation, often expressed towards others for help received, kindness, or meaningful gestures.

Water-Repellant

A property or characteristic of materials that resist the penetration of water, often used in clothing, footwear, and outdoor gear.