Use the table below to answer the following questions.
Price dollars per unit)
Table 3.4.1
Quantity Demanded
Quantity Supplied units)
-In Table 3.4.1, the equilibrium quantity is

Question

Use the table below to answer the following questions.
Price dollars per unit)
Table 3.4.1
Quantity Demanded
  Quantity Supplied units)
-In Table 3.4.1, the equilibrium quantity is

Quizplus · Accepted Answer

The equilibrium quantity is where the quantity demanded and quantity supplied are equal, which occurs at a price of $3.50 and a quantity of 500 units.

Use the Table Below to Answer the Following Questions