Need economics help with a table about hot chocolate

Economics
Tutor: None Selected Time limit: 1 Day

Dec 19th, 2015

Thank you for the opportunity to help you with your question!

The new demand and supply schedule is as follows

Price Demand Supply
1.5 600 0
1.75 500 50
2 400 100
2.25 300 150
2.5 200 200
The new equilibrium price is $2.5 

The new equilibrium quantity is 200 cups a day.

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Dec 19th, 2015

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Dec 19th, 2015
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