15
QuizMultiple Choice

The Economy and You

Question 15 • T1 - 4 RMA-TX-Financial Math-B

Below are the supply and demand equations for blenders in a certain market. In these equations, p represents price, D represents demand, and S represents supply. What is p at the point of equilibrium, to the nearest tenth?

Question illustration
Answer
A
56.0
B
43.3
C
37.4
D
36.7
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