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:

Type of Learning

The method or approach through which knowledge, skills, habits, behaviors, or attitudes are acquired, varying based on educational theories and individual differences.

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Artificially sweetened water, where saccharin is used as a non-caloric sweetener.

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Feeling or causing a strong urge to vomit.