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Refer to the table below for the following question. Table 3 Price Quantity Demanded Quantity Supplied (dollars per bottle) (bottles per week) (bottles per week)

Refer to the table below for the following question.

Table 3

Price Quantity Demanded Quantity Supplied

(dollars per bottle) (bottles per week) (bottles per week)

2 180 60

6 140 100

10 100 140

14 60 180

18 20 220

4- Refer to Table 3 The table shows the demand and supply schedules for shampoo.

a) What is the equilibrium price

b)What is the equilibrium quantity?

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