Schrecklich and Lamerde Are Two Obscure Modernist Painters, Who Are

Schrecklich and Lamerde are two obscure modernist painters, who are no longer alive but whose paintings are still enjoyed by persons of dubious taste. The demand function for Schrecklichs is 200 - 4P_S - 2P_L and the demand function for Lamerdes is 200 - 3P_L - P_S, where P_S and P_L are respectively the price of Schrecklichs and Lamerdes. If the world supply of Schrecklichs is 100 and the world supply of Lamerdes is 70, then the equilibrium price of Schrecklichs is

A) $46.
B) $4.
C) $25.
D) $42.
E) $8.

Correct Answer:

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