price supply demand $1.50 10 70 $3.00 30 60 $4.50 50 50 $6.00 70 40 $7.50 90 30 $9.00 110 20 35. at a price…

price supply demand $1.50 10 70 $3.00 30 60 $4.50 50 50 $6.00 70 40 $7.50 90 30 $9.00 110 20 35. at a price of $4.50 for the good the business owner will - have a shortage of goods have an excess demand of good reach equilibrium quality issues clear all

price supply demand $1.50 10 70 $3.00 30 60 $4.50 50 50 $6.00 70 40 $7.50 90 30 $9.00 110 20 35. at a price of $4.50 for the good the business owner will - have a shortage of goods have an excess demand of good reach equilibrium quality issues clear all

Answer

Explanation:

Step1: Locate supply and demand at $4.50

From the table, at a price of $4.50, supply is 50 and demand is 50.

Answer:

reach equilibrium