is this 6 or 21? look at the image below. Equilibrium is where supply equals demand.In this market, the equilibrium price is:Quantity DemandedFonNamMarketDemand12PriceYingSomGobYam102.2421262910451036251010401.121110488.-Market Supply-Market DemandQuantity SuppliedPrice10Apple11MarketSupply42BoomOlyCartoonKaiMint1101053410313524221126514144221020304021lel 2 2

Demand Curve: - demand curve is the graphical way of showing the relationship between the quantity…

Equilibrium is where supply equals demand. In this market, the equilibrium price is: Quantity Demanded Nam Market Demand 12 Price Ying Som Fon Gob Yam 10 2. 2. 2. 10 21 4. 3. 2. 20 29 36 10 10 10 40 12 11. 10 48 -Market Supply 6 -Market Demand Quantity Suppled Apple 11 Market Supply 42 34 31 24 21 14 Pice Boom Oly Catoon Met Ka 10 10 10 10 4 4 10 20 30 40 21

Equilibrium is where supply equals demand. In this market, the equilibrium price is: Quantity Demanded Nam Market Demand 12 Price Ying Som Fon Gob Yam 10 2. 2. 2. 10 21 4. 3. 2. 20 29 36 10 10 10 40 12 11. 10 48 -Market Supply 6 -Market Demand Quantity Suppled Apple 11 Market Supply 42 34 31 24 21 14 Pice Boom Oly Catoon Met Ka 10 10 10 10 4 4 10 20 30 40 21

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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