Question

What are the equilibrium price and equilibrium quantity in this situation?

4.00
А
demand
3.50
supply/D
3.00
Price
2.50
per
Pound 2.00
(dollars)
1.50
1.00
В
0.50
1,000 2,000 3,000 4,000 5,000 6,000 7,000
Quantity of Apples (pounds)

Answer 1

I think it’s A demand and price