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We have the following table for humidifiers: Price Quantity supplied Quantity demanded $200 3,500 1,500 $175 3,000 2,000 $150 2,500 2,500 $125 2,000 3,000 $100

We have the following table for humidifiers:

Price Quantity supplied Quantity demanded

$200 3,500 1,500

$175 3,000 2,000

$150 2,500 2,500

$125 2,000 3,000

$100 1,500 3,500

$75 1,000 4,000

$50 500 4,500

$25 0 5,000

$0 0 5,500

What is the equilibrium price?

Group of answer choices

$75

$100

$150

$175

Use the table from the previous problem. Suppose the government sets a price ceiling of $200. What is the amount bought and sold?

Group of answer choices

0

1,500

2,500

3,500

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