estion 47 (1 point) Consider the market for beer in the diagram below: 70 60 50 Price (5) 40 30 20 10 D 100 200 300 400 500 600 700 800 900 1.000 Beer (millions of cases) What is the equilibrium price and quantity of beer? $20 and 400 million cases of beer $20 and 500 million cases of beer $25 and 400 million cases of beer $25 and 500 million cases of beer