Multiple Choices
Answer (Choose 1 answer)
(17329) 5. Refer to Table 7-9. The equilibrium price is
Table 7-9
Price
$12.00
Quantity Demanded
0
4
8
12
16
20
24
Quantity Supplied
12
10
8
6
4
2
0
A. $8.00.
$10.00
B. $4.00.
$8.00
$6.00
C. $10.00.
$4.00
D. $6.00.
$2.00
$0.00