Multiple Choice
Use Table: Supply and Demand Schedule for Walking Tours. What are the new equilibrium price and quantity in this market if at every price $30 more walking tours are supplied?

A) Price is $30, and quantity is 80.
B) Price is $20, and quantity is 50.
C) Price is $60, and quantity is 40.
D) Price is $20, and quantity is 80.
Correct Answer:

Verified
Correct Answer:
Verified
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