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Use the Figure Below to Answer the Following Question(s)

Question 493

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Use the figure below to answer the following question(s) .
Figure 3-9
Use the figure below to answer the following question(s) . Figure 3-9 In Figure 3-9, if D and S represent the demand and supply for gasoline, what is the equilibrium price and quantity? A) price, $1; quantity, 20 B) price, $2; quantity, 30 C) price, $3; quantity, 40 D) price, $4; quantity, 50
In Figure 3-9, if D and S represent the demand and supply for gasoline, what is the equilibrium price and quantity?


A) price, $1; quantity, 20
B) price, $2; quantity, 30
C) price, $3; quantity, 40
D) price, $4; quantity, 50

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