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Figure 9-5 -Refer to Figure 9-5.Without Trade,the Equilibrium Price of Carnations Is

Question 91

Multiple Choice

Figure 9-5
Figure 9-5 -Refer to Figure 9-5.Without trade,the equilibrium price of carnations is A) $8 and the equilibrium quantity is 300. B) $6 and the equilibrium quantity is 200. C) $6 and the equilibrium quantity is 400. D) $4 and the equilibrium quantity is 500.
-Refer to Figure 9-5.Without trade,the equilibrium price of carnations is

A) $8 and the equilibrium quantity is 300.
B) $6 and the equilibrium quantity is 200.
C) $6 and the equilibrium quantity is 400.
D) $4 and the equilibrium quantity is 500.

Correct Answer: