Use the Following Information to Answer the Following Questions

question 116

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 quantity for used cars?

• A) 100
• B) 154,100
• C) 21,474
• D) 1,541
• E) 153,900

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Definitions:

Higher Power

A term often used in the context of spirituality or religion to refer to a supreme being or force that is greater than oneself.

Psychopathology

The study of psychological disorders, including their symptoms, causes, and treatment.

Psychological Problems

Mental or emotional issues that affect an individual's thinking, feeling, behavior, and overall well-being.

Severe Disorders

Disorders that are extreme in nature, often significantly impairing an individual's physical, mental, or emotional well-being and requiring intensive management or care.