Exhibit 17-2
-In Exhibit 17-2,the market equilibrium price and output (determined exclusively by private decisions)are
A)$6 and 50 units,respectively
B)$12 and 50 units,respectively
C)$12 and 40 units,respectively
D)$6 and 40 units,respectively
E)not indicated

Question

Exhibit 17-2 
-In Exhibit 17-2,the market equilibrium price and output (determined exclusively by private decisions)are
A)$6 and 50 units,respectively 
B)$12 and 50 units,respectively 
C)$12 and 40 units,respectively 
D)$6 and 40 units,respectively 
E)not indicated

Quizplus · Accepted Answer

The Answer of Exhibit 17-2 
-In Exhibit 17-2,the market equilibrium price and output (determined exclusively by private decisions)are
A)$6 and 50 units,respectively 
B)$12 and 50 units,respectively 
C)$12 and 40 units,respectively 
D)$6 and 40 units,respectively 
E)not indicated

Exhibit 17-2 -In Exhibit 17-2,the Market Equilibrium Price and Output (Determined Exclusively