The market demand curve for a perfectly competitive industry is QD=12 - 2P. The market supply curve is QS=3+P. The market will be in equilibrium if:

Question

a. P =6 and Q =9.

b. P =5 and Q =2.

c. P =4 and Q =4.

d. P =3 and Q =6.

Emad Mohammed said abdalla · Answer

The market demand curve for a perfectly competitive industry is QD = 12 - 2P. The market supply curve is QS = 3 + P. The market will be in equilibrium if The correct answer was: d. P =3 and Q =6..

Alex Al Yazouri · Answer

d. >>>>>>>>>>>>>>>>>>>> P =3 and Q =6.

Khaled Anwar · Answer

The answer is : Option ( d )

Deleted user · Answer

I chose option ------- D

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khaled elkholy · Answer

d. P =3 and Q =6......................................................................................................................

Ayoub Tartir , PMP, GWCPgM, CISA, CISSP, CAP, CSSLP, FITSP-D, CEH, CHFI, CCNA, CCNA Security, Security+, Network+ · Answer

My answer is option (D) P =3 and Q =6.

Ahmed Mohamed Ayesh Sarkhi · Answer

Agree In Your Choice Mr. Emad

Salvatore Augello · Answer

answer D _________________________________

Nasir Hussain · Answer

The correct answer is d. P =3 and Q =6.. .........................................................................