(Advanced Analysis)Answer the Question on the Basis of the Following

(Advanced analysis) Answer the question on the basis of the following information.The demand for commodity X is represented by the equation P = 10 - 0.2Q and supply by the equation P = 2 + 0.2Q. Refer to the given information.If demand changed from P = 10 - .2Q to P = 7 - .3Q,the new equilibrium price is:

A) $2.
B) $4.
C) $6.
D) $7.

Correct Answer:

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