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-Assume That D1 and S1 Are the Initial Demand and Supply

Question 25

Multiple Choice

  -Assume that D1 and S1 are the initial demand and supply curves.The equilibrium occurs at a price of _______ and ________ units exchanged. A)  $90;50 B)  $60;20 C)  $60;40 D)  $30;30 E)  $30;70
-Assume that D1 and S1 are the initial demand and supply curves.The equilibrium occurs at a price of _______ and ________ units exchanged.


A) $90;50
B) $60;20
C) $60;40
D) $30;30
E) $30;70

Correct Answer:

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