-Refer to Exhibit 3-8.Equilibrium price and quantity are ____________________,respectively.
A) $3 and 25 units
B) $3 and 15 units
C) $5 and 15 units
D) $5 and 25 units
E) $1 and 25 units

Question

-Refer to Exhibit 3-8.Equilibrium price and quantity are ____________________,respectively.
A) $3 and 25 units 
B) $3 and 15 units 
C) $5 and 15 units 
D) $5 and 25 units 
E) $1 and 25 units

Quizplus · Accepted Answer

The Answer of 
-Refer to Exhibit 3-8.Equilibrium price and quantity are ____________________,respectively.
A) $3 and 25 units 
B) $3 and 15 units 
C) $5 and 15 units 
D) $5 and 25 units 
E) $1 and 25 units