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The Following Figure Shows the Demand and Supply Curves for USB

Question 45

Multiple Choice

The following figure shows the demand and supply curves for USB flash drives at different price levels. D is the demand curve, and S₁ is the initial supply curve.
The following figure shows the demand and supply curves for USB flash drives at different price levels. D is the demand curve, and S₁ is the initial supply curve. -Refer to the figure above.When the demand curve for flash drives is D and the supply curve of flash drives is S₁,the equilibrium price is ________. A) $3 B) $4 C) $5 D) $7
-Refer to the figure above.When the demand curve for flash drives is D and the supply curve of flash drives is S₁,the equilibrium price is ________.


A) $3
B) $4
C) $5
D) $7

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