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Exhibit 17-2 in Exhibit 17-2, the Market Equilibrium Price

Question 33

Multiple Choice

Exhibit 17-2 Exhibit 17-2 In Exhibit 17-2, the market equilibrium price and output (determined exclusively by private decisions) are A) $6 and 50 units, respectively B) $12 and 50 units, respectively C) $12 and 40 units, respectively D) $6 and 40 units, respectively E) not indicated In Exhibit 17-2, the market equilibrium price and output (determined exclusively by private decisions) are


A) $6 and 50 units, respectively
B) $12 and 50 units, respectively
C) $12 and 40 units, respectively
D) $6 and 40 units, respectively
E) not indicated

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