Question

In the supply-and-demand schedule shown above, at the equilibrium price, the quantity supplied is _____ and the quantity demanded is _____. 200, 450 300, 300 400, 250

Answer 1

Answer:

the correct answer is 200, 450

Explanation:

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Answer 2

In the supply-and-demand schedule,  the equilibrium price, the quantity supplied is _300_ and the quantity demanded is _300____

Equilibrium price is where the demand price is equal to the supply of the product or service.  Condition where the variables remain stable.