Using the supply and demand curves shown in the graph that follows, what is the equilibrium price for soft drinks?
A) 35 cents
B) 45 cents
C) 50 cents
D) 55 cents
E) 75 cents

Name: Using the supply and demand curves shown in the graph that follows, what is the equilibrium price for soft drinks? A) 35 cents B) 45 cents C) 50 cents D) 55 cents E) 75 cents
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Question

Using the supply and demand curves shown in the graph that follows, what is the equilibrium price for soft drinks? 
A) 35 cents 
B) 45 cents 
C) 50 cents 
D) 55 cents 
E) 75 cents

Quizplus · Accepted Answer

The equilibrium price is where the supply and demand curves intersect.

Using the Supply and Demand Curves Shown in the Graph