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Use Table: Supply and Demand Schedule for Walking Tours

Question 41

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Use Table: Supply and Demand Schedule for Walking Tours. What is the new equilibrium price and quantity in this market if at every price 30 fewer walking tours are demanded?
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Use Table: Supply and Demand Schedule for Walking Tours. What is the new equilibrium price and quantity in this market if at every price 30 fewer walking tours are demanded? ​ A) Price is $30, and quantity is 40. B) Price is $20, and quantity is 50. C) Price is $60, and quantity is 40. D) Price is $10, and quantity is 30.


A) Price is $30, and quantity is 40.
B) Price is $20, and quantity is 50.
C) Price is $60, and quantity is 40.
D) Price is $10, and quantity is 30.

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