Mathematics, 05.05.2020 17:59 chloeboo

The supply and demand curves for a product line of bicycles are shown. Approximately where is the equilibrium point?

+-550

supply

Quantity

+

demand

20

20

40

60

80

100

240

260 280 300

+-50

120 140 160 180 200 220

Price (dollars)

OA. (93,268)

OB. (132,220)

Oc. (180,355)

OD. (220,115)

Answers: 2

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The supply and demand curves for a product line of bicycles are shown. Approximately where is the equilibrium point? +-550 supply Quantity + demand 20 20 40 60 80 100 240 260 280 300 +-50 120 140 160 180 200 220 Price (dollars) OA. (93,268) OB. (132,220) Oc. (180,355) OD. (220,115)

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