Multiple Choice
Use the figure below to answer the following question(s) .
Figure 3-9
In Figure 3-9, if D and S represent the demand and supply for gasoline, what is the equilibrium price and quantity?
A) price, $1; quantity, 20
B) price, $2; quantity, 30
C) price, $3; quantity, 40
D) price, $4; quantity, 50
Correct Answer:

Verified
Correct Answer:
Verified
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