(Table: The Market for Kombucha) Use Table: The Market for Kombucha. The table shows the quantity demanded (Qd) and quantity supplied (Qs) of kombucha at various prices. If the government imposes a price ceiling of $3 per bottle of kombucha, the quantity of kombucha supplied will be _____ bottles.
A)7
B)8
C)9
D)10

Question

(Table: The Market for Kombucha) Use Table: The Market for Kombucha. The table shows the quantity demanded (Qd) and quantity supplied (Qs) of kombucha at various prices. If the government imposes a price ceiling of $3 per bottle of kombucha, the quantity of kombucha supplied will be _____ bottles. 
A)7 
B)8 
C)9 
D)10

Quizplus · Accepted Answer

At a price ceiling of $3, the quantity supplied will be 8 bottles, which is where the quantity supplied and quantity demanded intersect. Any quantity above that will not be sold due to the price ceiling.

(Table: the Market for Kombucha) Use Table: the Market for Kombucha