Table 4-11 -Refer to Table 4-11. the Equations Above Describe the Demand

question 230

Multiple Choice

Table 4-11

-Refer to Table 4-11. The equations above describe the demand and supply for Chef Ernie's Sushi-on-a-Stick. What are the equilibrium price and quantity (in thousands) for Chef Ernie's sushi?

• A) $80 and 80 thousand
• B) $60 and 20 thousand
• C) $50 and 100 thousand
• D) $40 and 50 thousand

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