Table 2.11 depicts the market for mushrooms (in thousands of kilograms per month).

-Refer to Table 2.11 to answer this question.What are the values of equilibrium price and quantity traded?
A)$3 and 52.
B)$3 and 62.
C)$4 and 58.
D)$4.50 and 56.
E)They cannot be determined from the data.

Question

Table 2.11 depicts the market for mushrooms (in thousands of kilograms per month).
 
-Refer to Table 2.11 to answer this question.What are the values of equilibrium price and quantity traded?
A)$3 and 52. 
B)$3 and 62. 
C)$4 and 58. 
D)$4.50 and 56. 
E)They cannot be determined from the data.

Quizplus · Accepted Answer

The Answer of Table 2.11 depicts the market for mushrooms (in thousands of kilograms per month).
 
-Refer to Table 2.11 to answer this question.What are the values of equilibrium price and quantity traded?
A)$3 and 52. 
B)$3 and 62. 
C)$4 and 58. 
D)$4.50 and 56. 
E)They cannot be determined from the data.

Table 211 Depicts the Market for Mushrooms (In Thousands of Kilograms