Demand, Supply and Market Equilibrium
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Economics Q & A Practice
1 of 5 free exam-style exercises in this topic
The market schedules are shown. What are the equilibrium price and quantity?
Price
Quantity demanded
Quantity supplied
$4
90
30
$6
70
50
$8
50
50
$10
30
70
Study the visual evidence, then select one option.
A
$8 and 100
B
$4 and 30
C
$6 and 60
D
$10 and 30
E
$8 and 50
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