Short Answer
Table 4-15
The following table shows the number of cases of water each seller is willing to sell at the prices listed.
-Refer to Table 4-15. Assuming these are the only four suppliers in this market and the function for market demand is QD=1000-100P, where QD is the quantity demanded and P is the price, what is the equilibrium quantity?
Correct Answer:

Verified
Correct Answer:
Verified
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