1.4. Determine the equilibrium quantity and price without drawing a graph. Price of Quantity Quantity Good X...

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1.4. Determine the equilibrium quantity and price without drawing a graph.

Price of Quantity Quantity Good X Supplied Demanded

$22 100 225

$25 115 200

$30 130 175

$32 150 150

$40 170 110 Equilibrium: How Supply and Demand Determine Prices • CHAPTER 4 • 63

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Modern Principles Macroeconomics

ISBN: 124428

2nd Edition

Authors: Tyler Cowen ,Alex Tabarrok

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