If the equation for the demand curve is Q = 450 – 25P and the equation for the supply curve is Q = –175 + 37,5P, then the equilibrium values for price and quantity are    A. P = 4,4 and Q = 340.  B. P = 5 and Q = 325.  C. P = 12 and Q = 150.  D. P = 10 and Q = 200.  E. P = 11 and Q = 175.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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If the equation for the demand curve is Q = 450 – 25P and the equation for the supply curve is Q = –175 + 37,5P, then the equilibrium values for price and quantity are

 
  •  A. P = 4,4 and Q = 340.
  •  B. P = 5 and Q = 325.
  •  C. P = 12 and Q = 150.
  •  D. P = 10 and Q = 200.
  •  E. P = 11 and Q = 175.
  •  
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