Multiple Choice

The table shown depicts the demand and supply schedules of a good. Equilibrium in this market will occur at:
A) a price of $1.50 and a quantity of 85.
B) a price of $3.00 and a quantity of 45.
C) a price of $3.00 and a quantity of 90.
D) a price of $4.50 and a quantity of 91.
Correct Answer:
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