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The Table Gives Supply and Demand Data for a Certain

Question 47

Multiple Choice

  The table gives supply and demand data for a certain elective surgical procedure. Without health insurance, the equilibrium price and quantity would be A) $2,000 and 700. B) $3,000 and 7,000. C) $1,000 and 1,000. D) $2,000 and 4,000. The table gives supply and demand data for a certain elective surgical procedure. Without health insurance, the equilibrium price and quantity would be


A) $2,000 and 700.
B) $3,000 and 7,000.
C) $1,000 and 1,000.
D) $2,000 and 4,000.

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