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Price D 1 D 2 S 1 S 2 $17 8 12 27 24 $13 11 15 23 20 $10 14 18 21 18 $7

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Price D 1 D 2 S 1 S 2 $17 8 12 27 24 $13 11 15 23 20 $10 14 18 21 18 $7 16 20 20 16 $4 19 24 19 12 $2 21 27 15 10 Table 5-1 Refer to Table 5-1. If D2 and $2 represent the demand and supply schedules in a particular market, then the equilibrium price and quantity are and , respectively

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