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fruits fruits
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2 months ago

When P = $65, the quantity demanded of a good is 80 units, and the quantity supplied of the good is 40 units.  For every $10 increase in the price of this good, quantity demanded falls by 10 units and quantity supplied rises by 10 units.  The equilibrium price of this good is ___________and the equilibrium quantity of this good is _________ units.



$55; 30



$75; 50



$75; 70



$85; 50



$85; 60

Textbook 
Economics

Economics


Edition: 12th
Author:
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teamroketteamroket
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2 months ago
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$85; 60



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fruits Author
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2 months ago
Brilliant
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Yesterday
This helped my grade so much Perfect
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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