Suppose the demand curve for CoC t-shirts is given by the first and second Table 2-2 and the supply curve for COC t-shirts is given by the first and third columns.: Table 2-2 Demand & Supply Schedules for COC t-shirts Price ($) Quantity Demanded per Year Quantity Supplied per Year 10 2000 200 20 160 400 30 1200 600 40 800 800 50 400 1000 60 1200

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Refer to Table 2-2 

What QUANTITY is traded at the equilibrium price?

Suppose the demand curve for CoC t-shirts is given by the first and second Table 2-2 and the supply curve for COC t-shirts is given by
the first and third columns.:
Table 2-2 Demand & Supply Schedules for COC t-shirts
Price ($) Quantity Demanded per Year Quantity Supplied per Year
10
2000
200
20
160
400
30
1200
600
40
800
800
50
400
1000
60
1200
Transcribed Image Text:Suppose the demand curve for CoC t-shirts is given by the first and second Table 2-2 and the supply curve for COC t-shirts is given by the first and third columns.: Table 2-2 Demand & Supply Schedules for COC t-shirts Price ($) Quantity Demanded per Year Quantity Supplied per Year 10 2000 200 20 160 400 30 1200 600 40 800 800 50 400 1000 60 1200
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