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A graph has quantity on the x-axis and price on the y-axis. A supply line goes through (10, 25), (20, 30), (30, 35), (40, 40).A graph has quantity on the x-axis and price on the y-axis. A demand line goes through (10, 40), (20, 30), (30, 20), (40, 10). Based on the supply graph and the demand graph shown above, what is the price at the point of equilibrium? a. 20 b. 30 c. 40 d. There is not enough information given to determine the point of equilibrium. Please select the best answer from the choices provided A B C D

User Josep Vicent Ibanez
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2 Answers

23 votes
23 votes

Answer:

the answer would be b, 30

Explanation:

hope this helped :)

User Olivier Cruchant
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2.7k points
8 votes
8 votes

Answer:

B

Explanation:

User Firstthumb
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