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Use Table: Supply and Demand Schedule for Walking Tours

Question 24

Multiple Choice

Use Table: Supply and Demand Schedule for Walking Tours. What price would be an effective price floor, and how much would be sold?
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Use Table: Supply and Demand Schedule for Walking Tours. What price would be an effective price floor, and how much would be sold? ​ A) The price is $30, and the quantity is 70. B) The price is $10, and the quantity is 30. C) The price is $50, and the quantity is 50. D) The price is $40, and the quantity is 0.


A) The price is $30, and the quantity is 70.
B) The price is $10, and the quantity is 30.
C) The price is $50, and the quantity is 50.
D) The price is $40, and the quantity is 0.

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