Answered

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Plot a supply curve by using the following data:



Unit Price (Dollars) Amount Supplied (Units)



$125 500

$100 400

$75 300

$50 200

$25 100



Plot the demand curve by using the following data:



Unit Price (Dollars) Amount Demanded (Units)



$125 100

$100 200

$75 300

$50 400

$25 500



Determine the equilibrium price____________________

How many units will be supplied and purchased at the equilibrium price?_____________

Sagot :

clay8667813

Answer: 75,601.2

Step-by-step explanation:

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