asked 463 views
3 votes
A graph has quantity on the x-axis and price on the y-axis. A supply line goes through (10, 25), (20, 30), (30, 35), (40, 40).A graph has quantity on the x-axis and price on the y-axis. A demand line goes through (10, 40), (20, 30), (30, 20), (40, 10). Based on the supply graph and the demand graph shown above, what is the price at the point of equilibrium? a. 20 b. 30 c. 40 d. There is not enough information given to determine the point of equilibrium. Please select the best answer from the choices provided A B C D

2 Answers

0 votes

Answer:

the answer would be b, 30

Explanation:

hope this helped :)

answered
User Azzaxp
by
8.0k points
3 votes

Answer:

B

Explanation:

answered
User Simplylizz
by
8.2k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.