Market for flat-screen TVs: Demand: Qa=4,600 -3P Supply: Q=600+1P What would be the equilibrium price and quantity for flat-screen TVs? O $1,600; 1,000 O $1,000; 1,600 O $2,000; 2,600 O$600; 3,000

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Market for flat-screen TVs:
Demand: Q=4,600 -3P
Supply: Q-600 +1P
What would be the equilibrium price and quantity for flat-screen TVs?
O $1,600; 1,000
O $1,000; 1,600
O $2,000; 2,600
O $600; 3,000
Transcribed Image Text:Market for flat-screen TVs: Demand: Q=4,600 -3P Supply: Q-600 +1P What would be the equilibrium price and quantity for flat-screen TVs? O $1,600; 1,000 O $1,000; 1,600 O $2,000; 2,600 O $600; 3,000
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