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-Using the Data in the Above Table, the Equilibrium Quantity

Question 319

Multiple Choice

  -Using the data in the above table, the equilibrium quantity and equilibrium price for a cellular telephone is A)  80 thousand and $80. B)  40 thousand and $20. C)  60 thousand and $50. D)  50 thousand and $100.
-Using the data in the above table, the equilibrium quantity and equilibrium price for a cellular telephone is


A) 80 thousand and $80.
B) 40 thousand and $20.
C) 60 thousand and $50.
D) 50 thousand and $100.

Correct Answer:

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