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.Which of the following statements describes a likely event in the market for overnight parcel delivery? From Year 1 to Year 2,
A) there was a rise in the price of jet fuel.
B) there was a decrease in consumers' income.
C) there was an improvement in technology for tracking overnight parcels.
D) the price of regular parcel delivery decreased.
E) the number of suppliers of overnight parcel delivery service increased.
Correct Answer:
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