COURSE HOME CONTENT RESOURCES COMMUNICATION ASSESSMEN Homewo

COURSE HOME CONTENT RESOURCES COMMUNICATION ASSESSMEN Homework C4-Quiz Time Left: 1:3150 lindsey gregory: Attempt2 ons saved Quantity Quantity Demanded Supplied 10 10 8 910 S8 45 13 14 15 30 30 18 19 20 $4 15 23 24 25 S2 Refer to Table 4-11The equilibrium price and quantity, respectively, are S2 and 50 units. S6 and 30 units. S6 and 60 units. S12 and 30 units. Quiz Status 2 Saved

Solution

At equilibrium Quantity demanded is equal to quantity supplied.At price $6,quantity demanded= quantity supplied=30units.

Answer-$6 and 30 units.