The conditions of demand and supply are given in the table below. What is the equilibrium quantity? Price Qd Qs $1.60 9,000 5,000 $2.00 8,500 5,500 $2.40 8,000 6,400 $2.80 7,500 7,500 $3.20 7,000 9,000 $3.60 6,500 11,000 $4.00 6,000 15,000 O 7,000 O 7,500 O 6,400

The conditions of demand and supply are given in the table below. What is the equilibrium quantity? 7,000 7,500 6,400