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The Management of Titan Tire Company Has Determined That the Weekly

Question 232

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The management of Titan Tire Company has determined that the weekly demand and supply functions for their Super Titan tires are given by ​ The management of Titan Tire Company has determined that the weekly demand and supply functions for their Super Titan tires are given by ​ ​ Respectively, where p is measured in dollars and x is measured in thousands of units. Find the equilibrium quantity and price. ​ A) xb = 7,000 units p<sub>b </sub>= $84 B) xb = 6,000 units p<sub>b </sub>= $69 C) xb = 6,500 units p<sub>b </sub>= $69 D) xb = 6,000 units p<sub>b </sub>= $89 E) xb = 7,000 units p<sub>b </sub>= $89 ​
Respectively, where p is measured in dollars and x is measured in thousands of units. Find the equilibrium quantity and price.
​


A) xb = 7,000 units pb = $84
B) xb = 6,000 units pb = $69
C) xb = 6,500 units pb = $69
D) xb = 6,000 units pb = $89
E) xb = 7,000 units pb = $89

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