Refer to Table 3.2. This market will be in equilibrium if the quantity of cheeseburgers demanded is

A) 300.
B) 600.
C) 900.
D) 1,200.

Question

Refer to Table 3.2. This market will be in equilibrium if the quantity of cheeseburgers demanded isA)  300.B)  600.C)  900.D)  1,200.

Mashael ALbargawi · Accepted Answer

Final Answer : C, Explanation :  Market equilibrium occurs when the quantity demanded equals the quantity supplied. According to Table 3.2, this happens at a price of $7, where both the quantity demanded and supplied are 900 cheeseburgers per month.

Refer to Table 3.2. This market will be in equilibrium if the quantity of cheeseburgers demanded is

A) 300.
B) 600.
C) 900.
D) 1,200.

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