Answer: A: The current selling price matches the product's equilibrium price.
Explanation:
The graph is attached for a better analysis.
From the graph, we can see that the Equilibrium price is $400 while the equilibrium quantity supplied and Equilibrium quantity demanded is 4000.
Since the current selling price is $400 and the equilibrium price is $400 as well, then we can say that the current selling price matches the product's equilibrium price.
Therefore, the correct option is A.
This is true.
They were nomadic societies and when food and water would become scarce, many would split and go different ways based on where they believed they should go to find more.
Pet rocks is one of the unusual item that the kids at colorado’s state fair can submit.
<h3>What is Pet Rocks?</h3>
A collectible toy made in 1975 with the aid of using marketing and marketing government Gary Dahl is referred to as Pet Rocks. Pet Rocks are easy stones from the town of Rosarito, Baja California, Mexico.
They have been advertised like stay pets, in custom cardboard boxes, entire with straw and respiratory holes.
Thus, Pet rocks is one of the unusual item that the kids at colorado’s state fair can submit.
learn more about Pet rocks here:
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