Suppose the demand curve for CoC t-shirts is given by the first and second Table 2-2 and the supply curve for COC t-shirts is given by the first and third columns.: Table 2-2 Demand & Supply Schedules for cOC t-shirts Price ($) Quantity Demanded per Year Quantity Supplied per Year 10 2000 200 20 160 400 30 1200 600 40 800 800 50 400 1000 60 1200 Refer to Table 2-2. At what PRICE does equilibrium occur in the market for COC t-shirts? (just write the number, no $)

Suppose the demand curve for CoC t-shirts is given by the first and second Table 2-2 and the supply curve for COC t-shirts is given by the first and third columns.: Table 2-2 Demand & Supply Schedules for cOC t-shirts Price ($) Quantity Demanded per Year Quantity Supplied per Year 10 2000 200 20 160 400 30 1200 600 40 800 800 50 400 1000 60 1200 Refer to Table 2-2. At what PRICE does equilibrium occur in the market for COC t-shirts? (just write the number, no $)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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