Question
17. The above table gives the demand and supply schedules for Blu-ray discs. Based on the table, the equilibrium quantity and price of a
17. The above table gives the demand and supply schedules for Blu-ray discs. Based on the table, the equilibrium quantity and price of a Blu-ray discs is: 16,000 and $16 O 20,000 and S20 16,000 and S24 O 28,000 and $12 Price Price (dollars per disc) 4 Quantity demanded (dollars per disc) 4 Quantity supplied 36,000 4,000 8,000 8 32,000 28,000 24,000 20,000 16,000 12,000 8,000 12 12 12,000 16,000 20,000 24,000 16 16 20 20 24 24 28 28 28,000 32,000 36,000 32 32 36 4,000 36
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Microeconomics
Authors: Michael Parkin
11th edition
133019942, 978-0133020250, 133020258, 978-0133019940
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