According to the market data for good X in the above table, a stable equilibrium price is established at

A) $2.
B) $4.
C) $6.
D) $8.

B

Economics

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In the figure above, the equilibrium market price is $20. Area A is the

A) marginal cost of 150th unit. B) willingness to pay for the 150th unit. C) producer surplus. D) consumer surplus. E) marginal benefit of 150th unit.

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The Basel Accord, an international agreement, requires banks to hold capital based on

A) risk-weighted assets. B) the total value of assets. C) liabilities. D) deposits.

Economics