Multiple Choice
The demand curve is P = 700 - 20QD.The supply curve is P = 300 + 20QS.At market equilibrium,the equilibrium quantity is ________ and the equilibrium price is ________.
A) 10;500
B) 500;10
C) 0.10;20
D) 20;0.10
E) 400;40
Correct Answer:
Verified
Correct Answer:
Verified
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