Refer to the Table Below A) $400 and 40 Units

question 128

Multiple Choice

Refer to the table below. The equilibrium price and quantity in this market is: $$\begin{array} { | l | l | l | } \hline \text { Price } & \begin{array} { l } \text { Quantity } \\\text { Demanded }\end{array} & \begin{array} { l } \text { Quantity } \\\text { Supplied }\end{array} \\\hline \$ 10.00 & 10 & 100 \\\hline \$ \$ .00 & 20 & 80 \\\hline \$ 6.00 & 30 & 60 \\\hline \$ 4.00 & 40 & 40 \\\hline \$ 2.00 & 50 & 20 \\\hline \$ 0.00 & 60 & 0 \\\hline\end{array}$$

• A) $4.00 and 40 units.
• B) $4.00 and 80 units.
• C) $2.00 and 50 units.
• D) $2.00 and 60 units.
• E) $8.00 and 40 units.

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