Question: The graph below depicts the supply and demand for a good. Price ($) 6.00 5.50 5.00 4.50 4.00 3.50 3.00 2.50 2.00 1.50 1.00 0.50

The graph below depicts the supply and demand for a good. Price ($) 6.00 5.50 5.00 4.50 4.00 3.50 3.00 2.50 2.00 1.50 1.00 0.50 l 0 10 20 30 40 50 60 70 80 90 100110120 Quantity (millions) The equilibrium price in this market is $ , and equilibrium quantity is million units. If the price changes to $1.50, million units will be supplied, and million units will be demanc Screenshot

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