Alright, let's determine the equilibrium price and quantity from the given table, where [tex]\(D_1\)[/tex] represents the demand and [tex]\(S_1\)[/tex] represents the supply. The equilibrium occurs where the quantity demanded equals the quantity supplied.
Let's analyze the table step by step to compare [tex]\(\$ D_1\)[/tex] with [tex]\( \S 1\)[/tex]:
[tex]\[
\begin{array}{|c|c|c|}
\hline
\text{Price} & \text{Quantity Demanded (} D_1 \text{)} & \text{Quantity Supplied (} S_1 \text{)} \\
\hline
\$ 12 & 5 & 19 \\
\$ 10 & 8 & 17 \\
\$ 8 & 11 & 15 \\
\$ 6 & 13 & 13 \\
\$ 4 & 16 & 11 \\
\$ 2 & 18 & 9 \\
\hline
\end{array}
\][/tex]
We notice that the only price at which the quantity demanded ([tex]\(D_1\)[/tex]) equals the quantity supplied ([tex]\(S_1\)[/tex]) is at the price of \[tex]$6.
Hence, at \$[/tex]6:
- Quantity demanded [tex]\(D_1 = 13\)[/tex]
- Quantity supplied [tex]\(S_1 = 13\)[/tex]
So, the equilibrium price and quantity are [tex]\(\$6\)[/tex] and [tex]\(13\)[/tex] units, respectively.
Therefore, the answer is:
(B) [tex]\(\$6 ; 13\)[/tex]
