Figure 5-4
-Refer to Figure 5-4. The inefficient equilibrium price and quantity are
A) $1.90 and 38 units, respectively.
B) $1.80 and 35 units, respectively.
C) $1.60 and 42 units, respectively.
D) $1.35 and 58 units, respectively.

Question

Figure 5-4 
-Refer to Figure 5-4. The inefficient equilibrium price and quantity are
A) $1.90 and 38 units, respectively. 
B) $1.80 and 35 units, respectively. 
C) $1.60 and 42 units, respectively. 
D) $1.35 and 58 units, respectively.

Quizplus · Accepted Answer

The Answer of Figure 5-4 
-Refer to Figure 5-4. The inefficient equilibrium price and quantity are
A) $1.90 and 38 units, respectively. 
B) $1.80 and 35 units, respectively. 
C) $1.60 and 42 units, respectively. 
D) $1.35 and 58 units, respectively.

Figure 5-4 -Refer to Figure 5-4. the Inefficient Equilibrium Price and Quantity