Mathematics, 19.06.2020 23:57 candicecorvette

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

-550

supply

-500

450

400

-350

Quantity

300

+250

+200

150

-100

demand

-50

-20

40

60

80

100

20

+-50

120 140 160 180 200 220 240 260 280 300

Price (dollars)

A.

(93,268)

OB.

(132,220)

C.

(180,355)

D. (220,115)

Answers: 1

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