C
-The table gives the demand and supply schedules for boat rides. If the supply of boat rides increases by 20 rides a day, the price will _.

Name: C -The table gives the demand and supply schedules for boat rides. If the supply of boat rides increases by 20 rides a day, the price will _.
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Question

C 
-The table gives the demand and supply schedules for boat rides. If the supply of boat rides increases by 20 rides a day, the price will _.

Quizplus · Accepted Answer

When the supply of boat rides increases, the supply curve shifts to the right, leading to a lower equilibrium price. Therefore, the price will fall to $6 a ride.

C -The Table Gives the Demand and Supply Schedules for Boat