The following table displays the reservation values of eight buyers and eight sellers, who each want to buy or sell a calculator.

-Refer to the table above.If the market is perfectly competitive,the equilibrium quantity of calculators is ________.
A) 3 units
B) 5 units
C) 6 units
D) 8 units

Question

The following table displays the reservation values of eight buyers and eight sellers, who each want to buy or sell a calculator.
 
-Refer to the table above.If the market is perfectly competitive,the equilibrium quantity of calculators is ________.
A) 3 units 
B) 5 units 
C) 6 units 
D) 8 units

Quizplus · Accepted Answer

The Answer of The following table displays the reservation values of eight buyers and eight sellers, who each want to buy or sell a calculator.
 
-Refer to the table above.If the market is perfectly competitive,the equilibrium quantity of calculators is ________.
A) 3 units 
B) 5 units 
C) 6 units 
D) 8 units

The Following Table Displays the Reservation Values of Eight Buyers