Figure 10-1

Refer to Figure 10-1. This graph represents the tobacco industry. Without any government intervention, the equilibrium price and quantity are

Select one:

a.

$4.50 and 100 units, respectively.

b.

$6.21 and 76 units, respectively.

c.

$8.40 and 48 units, respectively.

d.

$9.00 and 60 units, respectively.

Question 8 Notyet answered Points out of 1.00 F feineve flall Figure I0.I Refer to Figare 19-1. This graph rejeresenis the tobaceo industry. Without any government intervention, the equilsorium price and quantity are Selectone: a. $4.50 and 100 units, respectively. b. 56.21 and 76 units, respectively, C. $8,40 and 48 units, respectively. d. 59.00 and 60 units, respectively