Multiple Choice
Table 3.3

-In the Table above, if demand increases by 20 units, what will be the new equilibrium price and quantity?
A) $45 and 120.
B) $50 and 120.
C) $55 and 120.
D) $52.50 and 110.
Correct Answer:
Verified
Related Questions
Table 3.3

-In the Table above, if demand increases by 20 units, what will be the new equilibrium price and quantity?
A) $45 and 120.
B) $50 and 120.
C) $55 and 120.
D) $52.50 and 110.
Correct Answer:
Verified