Exploring Economics
Exploring Economics
8th Edition
ISBN: 9781544336329
Author: Robert L. Sexton
Publisher: SAGE Publications, Inc
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Macmillan Learning
The table contains information on the price per month and the monthly demand and supply of online music streaming
subscriptions.
Quantity supplied (thousands)
Price
Quantity demanded (thousands)
$10.20
250
$10.40
210
$10.60
$10.80
160
80
180
210
280
410
What is the quantity demanded at $10.60?
Quantity demanded is
160
thousand subscriptions
What is the quantity supplied at $10.60?
At what price is the quantity supplied equal to 180,000?
$
Quantity supplied is
thousand subscriptions
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Transcribed Image Text:Macmillan Learning The table contains information on the price per month and the monthly demand and supply of online music streaming subscriptions. Quantity supplied (thousands) Price Quantity demanded (thousands) $10.20 250 $10.40 210 $10.60 $10.80 160 80 180 210 280 410 What is the quantity demanded at $10.60? Quantity demanded is 160 thousand subscriptions What is the quantity supplied at $10.60? At what price is the quantity supplied equal to 180,000? $ Quantity supplied is thousand subscriptions
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