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Attempts: Keep the Highest: 1 10. Market equilibrium The following table shows the monthly demand and supplysin the market for shorts in Chicago. Price Quantity Demanded Quantity Supplied (Pairs of shorts) 300 600 750 1,350 1,800 (Dollars per pair of shorts)(Pairs of shorts) 12 18 24 30 1,650 1,350 1,200 900 750 On the following graph, plot the demand for shorts using the blue point (circle symbol), Next, plot the supply of shorts us symbol), Finally, use the black point (cross symbol) to indicate the equilibrium price and quantity in the market for shorts 36
PRICE (Dollars per pair of shorts)
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Demand cunup 3 6 30 t 8 Suppu cunu 12. 300 6oo o0 l200 1500 18o0

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