Table 81 -Refer to Table 8

Multiple Choice

Table 8.1
$$\begin{array} { | c | c | c | } \begin{array} { l } \text { Seller A Offer Price } \\( \$ ) \end{array} & \text { Quantity (shares) } & \begin{array} { l } \text { Stock Market Price } \\\text { for Google } ( \$ ) \end{array} \\\hline 900 & 50 & 950 \\\hline 950 & 100 & 950 \\\hline 1,000 & 150 & 950 \\\hline\end{array}$$
-Refer to Table 8.1.The perfectly competitive for shares of Google stock is composed of millions of buyers and sellers on the stock market.What is the market equilibrium price for Google stock?

A) $900
B) $950
C) $1,000
D) over $950
E) less than $950