Multiple Choice
Demand for a product is given by Q = 200 - P and supply is given by Q = 0.5P - 10.If the quantity demanded rises by 10 units at every possible price,then the equilibrium quantity will be
A) 40 units
B) 50 units
C) 60 units
D) 100 units
Correct Answer:
Verified
Correct Answer:
Verified
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