The above table gives the market demand and market supply schedules for soda. What is the maximum price consumers are willing to pay for the 400th can of soda?

A) $0.80 per can
B) $0.70 per can
C) $0.60 per can
D) $0.50 per can

B

Economics

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Monopoly and monopsony markets have low barriers to entry.

a. true b. false

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Argentina's experience since 1990 suggests that adopting a currency board imposes strict discipline on the country's fiscal policies.

Answer the following statement true (T) or false (F)

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