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Use Table: Supply and Demand Schedule for Walking Tours

Question 47

Multiple Choice

Use Table: Supply and Demand Schedule for Walking Tours. What would be an effective price ceiling in this market, and how much would be sold?
Use Table: Supply and Demand Schedule for Walking Tours. What would be an effective price ceiling in this market, and how much would be sold? A) The price is $10, and 70 would be sold. B) The price is $30, and 80 would be sold. C) The price is $20, and 50 would be sold. D) The price is $10, and 90 would be sold.


A) The price is $10, and 70 would be sold.
B) The price is $30, and 80 would be sold.
C) The price is $20, and 50 would be sold.
D) The price is $10, and 90 would be sold.

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