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2. Price per ounce Monthly quantity supplied in tons Monthly quantity demanded in tons $1000 10 14 $1050 10 12 $1100 11 12 $1150 11

2. Price per ounce Monthly quantity supplied in tons Monthly quantity demanded in tons $1000 10 14 $1050 10 12 $1100 11 12 $1150 11 11 $1200 12 10 $1250 12 10 Question:The table shows the amount of demand and supply for gold. What is the equilibrium price and quantity in the market

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