Use the following to answer questions: Table: Equilibrium Price, Quantity $$\begin{array} { c c c }
\hline \boldsymbol { P } & \boldsymbol { Q } _ { \mathbf { d } } & \boldsymbol { Q } _ { \mathbf { s } } \
\hline \$ 10 & 50 & 30 \
12 & 45 & 35 \
14 & 40 & 40 \
16 & 35 & 45 \
18 & 30 & 50 \
\hline
\end{array}$$
-(Table: Equilibrium Price, Quantity) Refer to the table. The equilibrium P and Q are:
A) $10 and 50.
B) $12 and 35.
C) $40 and 14.
D) $14 and 40.

Question

Use the following to answer questions: Table: Equilibrium Price, Quantity $$\begin{array} { c c c } 
\hline \boldsymbol { P } & \boldsymbol { Q } _ { \mathbf { d } } & \boldsymbol { Q } _ { \mathbf { s } } \
\hline \$ 10 & 50 & 30 \
12 & 45 & 35 \
14 & 40 & 40 \
16 & 35 & 45 \
18 & 30 & 50 \
\hline
\end{array}$$
-(Table: Equilibrium Price, Quantity) Refer to the table. The equilibrium P and Q are:
A) $10 and 50.
B) $12 and 35.
C) $40 and 14.
D) $14 and 40.

Quizplus · Accepted Answer

The Answer is D

Use the Following to Answer Questions: Table: Equilibrium Price, Quantity