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denis23 [38]
3 years ago
8

The next day, you charge $3.50 for each bracelet. You have a supply of 30 bracelets, and exactly 30 customers demand them. At th

e end of the day, there is no excess demand or excess supply. So, $3.50 must be the _____.
A. equilibrium price
B. supply price
C. demand price
Mathematics
1 answer:
Veronika [31]3 years ago
5 0

The next day, you charge $3.50 for each bracelet. You have a supply of 30 bracelets, and exactly 30 customers demand them. At the end of the day, there is no excess demand or excess supply. So, $3.50 must be the <u>equilibrium price</u>


the correct answer is  the bolded, underlined words. I hope this helps, have a great day, chao!!

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