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The Following Table Displays the Reservation Values of Eight Buyers

Question 63

Multiple Choice

The following table displays the reservation values of eight buyers and eight sellers, who each want to buy or sell a calculator.
The following table displays the reservation values of eight buyers and eight sellers, who each want to buy or sell a calculator. -Refer to the table above.If the market is perfectly competitive,the equilibrium price of calculators is ________. A) $2 B) $6 C) $12 D) $20
-Refer to the table above.If the market is perfectly competitive,the equilibrium price of calculators is ________.


A) $2
B) $6
C) $12
D) $20

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