The following are the equations for the supply and demand curves in the market for weezils:
where Q _d is the quantity demanded, Q _s is the quantity supplied, and P is the price per weezil in dollars. Refer to Exhibit 4-1. According to the data given, the equilibrium price of a weezil is

Question

The following are the equations for the supply and demand curves in the market for weezils:

where Q _d is the quantity demanded, Q _s is the quantity supplied, and P is the price per weezil in dollars. Refer to Exhibit 4-1. According to the data given, the equilibrium price of a weezil is

Quizplus · Accepted Answer

The Answer of The following are the equations for the supply and demand curves in the market for weezils: where Q _d is the quantity demanded, Q _s is the quantity supplied, and P is the price per weezil in dollars. Refer to Exhibit 4-1. According to the data given, the equilibrium price of a weezil is A) $3. B) $5. C) $11. D) $14.

The Following Are the Equations for the Supply and Demand