-From Table 2.1, and under the most likely scenario where columns A and B are assigned to represent quantity demanded and quantity supplied, which is the equilibrium quantity?

Question

Quizplus · Accepted Answer

The equilibrium quantity is where the quantity demanded equals the quantity supplied. Without seeing Table 2.1, the most accurate answer based on the given information is that the equilibrium is at the point where the values in columns A and B match, which is what defines equilibrium in economic terms.