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The Demand and Supply Schedules for a Hypothetical Canadian Market

Question 85

Multiple Choice

The demand and supply schedules for a hypothetical Canadian market for barley are given below: The demand and supply schedules for a hypothetical Canadian market for barley are given below: TABLE 3-3 Refer to Table 3-3.If the price in this market was $100 per tonne,then the amount of barley actually purchased would be ________ million tonnes. A) 70 B) -70 C) 670 D) 300 E) 370 TABLE 3-3 Refer to Table 3-3.If the price in this market was $100 per tonne,then the amount of barley actually purchased would be ________ million tonnes.


A) 70
B) -70
C) 670
D) 300
E) 370

Correct Answer:

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