-The Above Table Gives the Demand and Supply Schedules for |
Question 258
Question 258
Multiple Choice
Price (dollars per disc) 4812162024283236 Quantity demanded 36,00032,00028,00024,00020,00016,00012,0008,0004,000 Price (dollars per disc) 4812162024283236 Quantity supplied 4,0008,00012,00016,00020,00024,00028,00032,00036,000 -The above table gives the demand and supply schedules for Blu-ray discs. Based on the table, the equilibrium quantity and price of a Blu-ray discs is
A) 28,000 and $12. B) 16,000 and $24. C) 16,000 and $16. D) 20,000 and $20.
Correct Answer:
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