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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

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

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter3: Demand Analysis
Section: Chapter Questions
Problem 4E
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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
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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