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In the market for used cars we have 10 sellers, willing to sell at the prices of $1000, $2000, $3000, $4000, $5000, $6000, $7000, $8000, $9000, $10000. If the equilibrium price in the market is $2500, how many cars would be sold? a. ​2 b. ​4 c. ​1 d. ​3

Respuesta :

simonspinks

Answer:

2

Explanation:

When the equilibrium price in the market is $2500 so here the number of cars that should be sold is 2.

Calculation of the number of cars:

Since the equilibrium price in the market is $2500.

Also, we are capable to sell from the sellers that sells less than that price

So based on this, we can say that there are 2 sellers that satisfied the given criteria.

Hence, the option a is correct.

Learn more about equilibrium here: https://brainly.com/question/19271292

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