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, when the market is in Equilibrium, how many weezils are sold?

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, when the market is in Equilibrium, how many weezils are sold?

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, 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