Solution-What would the equilibrium price be

What would the equilibrium price be

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Reference no: EM131299229

Assume that the market demand for milkshakes is as follows:

Shake(s)	Price($)
0	20.00
800	15.00
1800	12.50
3600	9.15
5000	7.14
6000	6.10
6800	5.40
7400	4.94
7800	4.10
8100	3.00
8300	2.70

In the perfectly competitive market that we have discussed, what would the equilibrium price be?

Reference no: EM131299229

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What would the equilibrium price be

Reference no: EM131299229

Reference no: EM131299229

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