Multiple Choice
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 2 is ________ and ________ million parcels.
A) $10; 100
B) $18; 110
C) $18; 125
D) $22; 115
E) $14; 120
Correct Answer:
Verified
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