DIGITAL CAMERA MARKET 500 Supply 400 300 Demand 200 100 200 300 400 Quantity (in thousands) According to the graph above, which of the following is the equilibrium price for digital cameras? OA. $200 OB. $300 OC. $400 OD. $500 Price (in dollars)

DIGITAL CAMERA MARKET 500 Supply 400 300 Demand 200 100 200 300 400 Quantity (in thousands) According to the graph above, which of the following is the equilibrium price for digital cameras? OA. $200 OB. $300 OC. $400 OD. $500 Price (in dollars)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

DIGITAL CAMERA MARKET
500
Supply
400
300
Demand
200
100
200
300
400
Quantity (in thousands)
According to the graph above, which of the following is the equilibrium price for digital cameras?
OA. $200
B. $300
OC. $400
OD. $500
Price (in dollars)

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