Multiple Choice
Find the equilibrium point (x,p) of the demand and supply equations.The equilibrium point is the price p and number of units x that satisfy both the demand and supply equations.
A) (103, 1,250,000)
B) (-1,250,000, -103)
C) (1,250,000, 103)
D) (103, -1,250,000)
E) (-1,250,000, 103)
Correct Answer:

Verified
Correct Answer:
Verified
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