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Market Demand and Supply for Best- Selling Books Market for best-selling books 70- Price Quantity Quantity Demanded Supplied 65- S $20 1,000 400 60- $30

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Market Demand and Supply for Best- Selling Books Market for best-selling books 70- Price Quantity Quantity Demanded Supplied 65- S $20 1,000 400 60- $30 900 600 55- $40 800 50- 800 $50 700 1,000 $60 600 1,200 Price($) Consider the information provided in the above table and graph on the right for the market for best - selling books. The market-clearing or equilibrium price is $ The equilibrium quantity is units. 15- D 10- 200 400 600 800 1000 1200 140 0 Quantity (best-selling books)

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