Mathematics, 29.05.2020 06:59 guazet7650
The supply and demand curves for a product line of bicycles are shown. Approximately where is the equilibrium point?
A
-550
supply
-500
450
400
-350
Quantity
300
+250
+200
150
-100
demand
-50
-20
40
60
80
100
20
+-50
120 140 160 180 200 220 240 260 280 300
Price (dollars)
A.
(93,268)
OB.
(132,220)
C.
(180,355)
D. (220,115)
Answers: 2
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