Equilibrium price is _______ and equilibrium quantity is ______.
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A) $10;36
B) $8;30
C) $8;22
D) $6;29
E) $6;30

Equilibrium Price

The selling price where the amount of products supplied equals the amount of products demanded.

Equilibrium Quantity

The amount of goods or services supplied is exactly equal to the amount of goods or services demanded at a given price.

Quantity Demanded

The overall volume of a good or service that consumers intend and can afford to buy within a specific period at a particular price.