This table shows the demand and supply schedule of a good.





According to the table shown, the equilibrium in this market will occur at:



A. a price of $1.50 and a quantity of 62.

B. a price of $1.50 and a quantity of 31.

C. a price of $0.00 and a quantity of 75.

D. Cannot be determined without more information


B. a price of $1.50 and a quantity of 31.

Economics

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Economics