Use the following to answer question:
-(Table: The Market for Soda)Use Table: The Market for Soda.If the government imposes a price ceiling of $1 per can of soda,the quantity of soda supplied will be _____ cans.
A)7
B)8
C)9
D)10

Question

Use the following to answer question: 
-(Table: The Market for Soda)Use Table: The Market for Soda.If the government imposes a price ceiling of $1 per can of soda,the quantity of soda supplied will be _____ cans.
A)7 
B)8 
C)9 
D)10

Quizplus · Accepted Answer

At a price of $1 per can, suppliers will only be willing to supply 8 cans of soda, as shown by the intersection of the supply curve and the price ceiling line in the table.

Use the Following to Answer Question