The equilibrium price is $_____ per smoothie. (Enter your response as a whole number)thank youSS ATTACHED The table gives the demand schedule and the supply schedule of smoothies.QuantitysuppliedPrice(dollars per smoothie)12N3456Quantity demanded(smoothies per day)800750700650600550350450550650750850What is the equilibrium price of a smoothie?The equilibrium price is $ Type per smoothie. (Enter your response as awhole number.)

Equilibrium price: It is defined as the price of the market at which the demand of a particular good…

The table gives the demand schedule and the supply schedule of smoothies. Quantity supplied Price (dollars per smoothie) 1 2 3 456 5 Quantity demanded (smoothies per day) 800 750 700 650 600 550 What is the equilibrium price of a smoothie? 350 450 550 650 750 850 The equilibrium price is $ Type per smoothie. (Enter your response as a whole number.)

The table gives the demand schedule and the supply schedule of smoothies. Quantity supplied Price (dollars per smoothie) 1 2 3 456 5 Quantity demanded (smoothies per day) 800 750 700 650 600 550 What is the equilibrium price of a smoothie? 350 450 550 650 750 850 The equilibrium price is $ Type per smoothie. (Enter your response as a whole number.)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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