Question: In the market for designer shoes, the demand function (D) is Q=210-1.00P, where Pis the price paid by consumers in dollars per pair of designer

 In the market for designer shoes, the demand function (D) is

In the market for designer shoes, the demand function (D) is Q=210-1.00P, where Pis the price paid by consumers in dollars per pair of designer shoes and Q is the quantity demanded in thousands. Suppose the supply curve (S) for designer shoes is estimated to be: Q=1.00P. Given this information, the equilibrium price and quantity (respectively) for designer shoes would be given by: O A. P=$135; Q=165,000 O B. P=$125; Q=145,000 C. P=$105; Q=105,000 OD. P=$115; Q=125,000 Clear my choice

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