Exam $2$: ECON $201$ Online $-$ Princ

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Question $1$ of $50$

Suppose that the quantity demanded and quantity supplied in the market for milk are as follows.

$\backslash$table$[[$Price per Gallon,Quantity Demanded,Quantity Supplied$],[$$$5,1,000,5,000],[$$$4,2,000,4,500],[$$$3,3,500,3,500],[$$$2,4,100,2,000],[$$$1,6,000,1,000]]$

a$.$ What are the equilibrium price and quantity of milk?

Price: $

Quantity:

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