Multiple Choice
The Market for Wapanzo Beans
-Refer to the table above. Suppose that in normal years demand is represented by Case 2 and supply is represented by Case B. In a normal year the price of wapanzo beans will be
A) $1 per pound.
B) $2 per pound.
C) $3 per pound.
D) $4 per pound.
Correct Answer:
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