Thenewequilibriumpriceofthestock
A. willbe$55.83.
B. willbe$43.23.
C. willbe$47.86.
D. cannotbedeterminedfromtheinformationgiven.
Answer:C
Thenewequilibriumpriceofthestock
A. willbe$55.83. B. willbe$43.23. C. willbe$47.86. D. cannotbedeterminedfromtheinformationgiven.