Question: Question below The table gives the demand and supply schedules for mechanical pencils. Price Quantity Quantity What is the equilibrium price of a mechanical pencil

Question below

Question below The table gives the demand and supply schedules for mechanical

The table gives the demand and supply schedules for mechanical pencils. Price Quantity Quantity What is the equilibrium price of a mechanical pencil and the equilibrium quantity of mechanical pencils per day? (dollars demanded supplied per pencil) [per day) (per day) 30 10 25 15 20 20 OURWN 15 25 The equilibrium quantity of mechanical pencils is |a day. 10 30 35 The equilibrium price is $ a mechanical pencil

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