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Suppose in the market for canoes demand is given by P = 30 - 1.5Qd and supply is given by P = 10 + .5Qs.

Suppose in the market for canoes demand is given by P = 30 - 1.5Qd and supply is given by

P = 10 + .5Qs. Also, suppose spring has just begun with perfect weather for outdoor activities. Which of the following could be a new equilibrium quantity and price (Qe, Pe)?

a.(10, 15)

b.(20, 20)

c.(20, 15)

d.(9, 14.5)

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