TABLE 4-3 Price (per litre Quantity Demanded Quantity of gasoline) (thousands of litres) Supplied (thousands of litres) $1 60 600 1000 $1.50 700 900 $1.40 800 800 $1.30 950 700 $1.20 1200 600 $1.10 1500 500 $1.00 1800 400 $0.90 2100 300 SO.80 2400 200 Refer to Table 4-3. What is the equilibrium price of gasoline? * $1 10 $1 20 $1.30 $1 40TABLE 8-1 Revenue and Cost Data for a Perfectly Competitive Firm Daily Output Price Total Revenue TFC TVC TC Profit 0 $30 $0 V $40 $40 $30 $30 $40 $12 W $22 2 X $60 $40 Y $68 -$8 $30 $90 $40 $45 $85 Z Refer to Table 8-1. What is the value of the variable W? SO $40 $52 $54Question 4 (1 point) TABLE 8-1 Revenue and Cost Data for a Perfectly Competitive Firm Daily Output Price Total Revenue TFC TVC TC Profit 0 $30 V $0 $40 -$40 $30 $30 $40 $12 W -$22 2 X $60 $40 Y $68 -$8 13 $30 $90 $40 $45 $85 Z Refer to Table 8-1. What is the value of the variable Z? O -$45 -$8 $5Question 5 (1 point) TABLE S-1 Revenue and Cost Data for a Perfectly Competitive Firm Daily Output Price Total Revenue TFC TVC TC Profit 0 $30 $0 V $0 $40 -$40 $30 $30 $40 $12 W -$22 2 X $60 $40 Y $68 -$8 $30 $90 $40 $45 $85 Z Refer to Table 8-1. What is the value of the variable V? $0 $30 $40TABLE 8-1 Revenue and Cost Data for a Perfectly Competitive Firm Daily Output Price Total Revenue TFC TVC TO Profit $30 $0 V $0 $40 -$40 $30 $30 $40 $12 W $22 2 X $60 $40 Y $68 -$8 $30 $90 $40 $45 $85 Z Refer to Table 8-1. What is the value of the variable Y? SO $12 $24 $28TABLE S-1 Revenue and Cost Data for a Perfectly Competitive Firm Daily Output Price Total Revenue TFC TVC TC Profit $30 $0 V $40 -$40 $30 $30 $40 $12 W -$22 X $60 $40 Y $68 -$8 $30 $90 $40 $45 $85 Z Refer to Table 8-1. What is the value of the variable X? SO $30 $40 $60Question 4 TABLE 4-2 Price D 2 S2 $16 12 mom 17 30 $14 15 15 27 $12 13 13 24 $10 15 21 11 21 18 24 9 18 20 27 15 Refer to Table 4-2. Suppose Do and S, represent the demand and supply schedules in a particular market. What are the market's equilibrium price and quantity? a price of $14 and a quantity of 15 units x o a price of $12 and a quantity of 5 units a price of $10 and a quantity of 21 units a price of $8 and a quantity of 15 unitsTABLE 3-1 0 / 1 point Price of DVDs Maya Seema Rest of the Market Market $24 $20 $16 11 9 11 $12 14 11 14 $8 17 14 20 Refer to Table 3-1. It illustrates the demand schedules for DVDs of two individuals and the rest of the market. At a price of $20, what quantity of DVDs would be demanded in the market? X 12 22 31 39 0 / 1 point