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jhaygood86 jhaygood86
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6 years ago
Look at Table 4.2.2. Consumers learn that rubber ducks wear out batteries quickly. As a result, demand decreases by 100 rubber ducks at each price. The new equilibrium price is $________ and the new equilibrium quantity is ________ rubber ducks.
A) 70; 450
B) 70; 350
C) 50; 450
D) 50; 350
E) 60; 400
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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AryanAryan
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