Hello there! can i get some with this economics homework? ! show your work and add details.

  see below

Step-by-step explanation:

Equilibrium quantity means the quantity supplied at a given price is equal to the quantity demanded at that price. To find it, look for the line in the table where quantities are equal. That line tells you the equilibrium price as well as quantity.

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On a graph, it is the point where supply and demand curves intersect (quantities are the same at the corresponding price).

for finding the midpoint of any given 2 pair of points simply add the respective x coordinates with other x coordinate and the y coordinate with other y coordinate and divide them by 2

in your question it will be :

(3+1)/2 for the x coordinate of mid point i.e 2

[8+(-4)]/2 for the y coordinate of midpoint i.e 2

so coordinates of mid point of points (3,8) and (1,-4) will be (2,2)