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    Principles of Economics Study Set 1
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    Exam 6: Perfectly Competitive Supply
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    Refer to the Accompanying Figure
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Refer to the Accompanying Figure

Question 50

Question 50

Multiple Choice

Refer to the accompanying figure. In this market, equilibrium price is ________ and equilibrium quantity is ________. Refer to the accompanying figure. In this market, equilibrium price is ________ and equilibrium quantity is ________.   A) $10; 25 B) $25; 10 C) $50; 20 D) $20; 50


A) $10; 25
B) $25; 10
C) $50; 20
D) $20; 50

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