Price D 1 D 2 S 1 S 2 $12 5 9 19 14 $10 8 12
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Question:
Price | D 1 | D 2 | S 1 | S 2 |
$12 | 5 | 9 | 19 | 14 |
$10 | 8 | 12 | 17 | 12 |
$8 | 11 | 15 | 15 | 10 |
$6 | 13 | 18 | 13 | 8 |
$4 | 16 | 21 | 11 | 6 |
$2 | 18 | 24 | 9 | 4 |
Table 2
If D2 and S2 represent the demand and supply schedules in a particular market, then the equilibrium price and quantity are ________ and _________, respectively.
$10; 12
$6; 18
$8; 15
$12; 12
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: