The table above shows a demand schedule for eggs. What is the equilibrium price?

olukotunmary

4 months ago

i don't understand can someone explain better

matthewlawrence

10 years ago

The selected answer is wrong:

equilibrium price is the price at which the quantity demanded is equal to the quantity supplied and from the table the equilubruim price is 80 and the quantity demanded and supplied is 490kg

REF: essential economics

Mimimika

10 years ago

I agree with u

the correct ans is 80 which is option D

Oluwabunmi Daniel

10 years ago

D ansa iz 80

Myschool Kelly

10 years ago

Correction has been made. Thanks for your contributions.