Multiple Choice
Table 4-14
-Refer to Table 4-14. The equations above describe the demand and supply for Pauline's Pickled Pomegranates. What are the equilibrium price and quantity (in thousands) for Pauline's Pickled Pomegranates?
A) $60 and 20 thousand
B) $15 and 45 thousand
C) $30 and 15 thousand
D) $20 and 10 thousand
Correct Answer:
Verified
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