-Refer to the information above to answer this question.What is the equilibrium level of prices?
A)200.
B)190.
C)180.
D)210.
E)220.

Name: -Refer to the information above to answer this question.What is the equilibrium level of prices? A)200. B)190. C)180. D)210. E)220.
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Question

-Refer to the information above to answer this question.What is the equilibrium level of prices?
A)200. 
B)190. 
C)180. 
D)210. 
E)220.

Quizplus · Accepted Answer

The equilibrium level of prices is the price at which the quantity supplied equals the quantity demanded. In this case, the equilibrium level of prices is 200.

-Refer to the Information Above to Answer This Question