-The figure illustrates the market for pens. The equilibrium quantity is

Name: -The figure illustrates the market for pens. The equilibrium quantity is
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Question

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The equilibrium quantity is where the supply and demand curves intersect, indicating the quantity at which the market is cleared (i.e., where the quantity supplied equals the quantity demanded). In this context, "500 pens a month" is the typical representation of such an equilibrium point in a market diagram.

-The Figure Illustrates the Market for Pens