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The Following Are the Equations for the Supply and Demand

Question 297

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The following are the equations for the supply and demand curves in the market for weezils: The following are the equations for the supply and demand curves in the market for weezils: where Q <sub> d </sub> is the quantity demanded, Q <sub> s </sub> is the quantity supplied, and P is the price per weezil in dollars. Refer to Exhibit 4-1. According to the data given, when the market is in Equilibrium, how many weezils are sold? A) 3 B) 5 C) 11 D) 14 The following are the equations for the supply and demand curves in the market for weezils: where Q <sub> d </sub> is the quantity demanded, Q <sub> s </sub> is the quantity supplied, and P is the price per weezil in dollars. Refer to Exhibit 4-1. According to the data given, when the market is in Equilibrium, how many weezils are sold? A) 3 B) 5 C) 11 D) 14 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, when the market is in Equilibrium, how many weezils are sold?


A) 3
B) 5
C) 11
D) 14

Correct Answer:

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