Refer to the accompanying figure. The equilibrium price is ________, and the equilibrium quantity is ________.
A)$8; 6
B)$6; 4
C)$4; 6
D)$2; 8

Name: Refer to the accompanying figure. The equilibrium price is ________, and the equilibrium quantity is ________. A)$8; 6 B)$6; 4 C)$4; 6 D)$2; 8
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Question

Refer to the accompanying figure. The equilibrium price is ________, and the equilibrium quantity is ________. 
A)$8; 6 
B)$6; 4 
C)$4; 6 
D)$2; 8

Quizplus · Accepted Answer

The equilibrium quantity and price of a product are the values that correspond to the intersection of the supply and demand curves.

Refer to the Accompanying Figure