From the market demand and supply schedules for milk, we can say that equilibrium price and quantity are

  • A 15k, 13,000
  • B 20k, 17,500
  • C 13k, 20,000
  • D 18k, 18,000
  • E 18k, 15,000

The correct answer is E. 18k, 15,000

No explanation given
Previous question Next question