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

Multiple Choice

$\begin{array}{|l|l|l|}\hline\begin{array}{l}\text { Price } \\\text { (dollars per } \\\text { cellular } \\\text { phone) }\end{array} & \begin{array}{l}\text { Quantity } \\\text { demanded } \\\text { (thousands) }\end{array} & \begin{array}{l}\text { Quantity } \\\text { supplied } \\\text { (thousands) }\end{array} \\\hline 100 & 50 & 100 \\\hline 80 & 55 & 80 \\\hline 50 & 60 & 60 \\\hline 20 & 100 & 40 \\\hline\end{array}$
-Using the data in the above table, the equilibrium quantity and equilibrium price for a cellular telephone is

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