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The Table Below Displays Hypothetical Demand and Supply Schedules for the Market

Question 115

Multiple Choice

The table below displays hypothetical demand and supply schedules for the market for overnight parcel deliveries in Canada. The table below displays hypothetical demand and supply schedules for the market for overnight parcel deliveries in Canada.   TABLE 3-4 Refer to Table 3-4.The equilibrium price and quantity for overnight parcel delivery in Year 1 is ________ and ________ million parcels. A) $30; 80 B) $14; 120 C) $22; 115 D) $10; 115 E) $22; 130 TABLE 3-4 Refer to Table 3-4.The equilibrium price and quantity for overnight parcel delivery in Year 1 is ________ and ________ million parcels.


A) $30; 80
B) $14; 120
C) $22; 115
D) $10; 115
E) $22; 130

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