Narrbegin Exhibit 10 Narrend
-In Exhibit 10

Narrbegin Exhibit 10.3 Price and demand for permits data
$$\begin{array} { |c | c |} \hline \text { Price } & \text { Quantity } \\\hline 10 & 110 \\\hline 20 & 100 \\\hline 30 & 90 \\\hline 40 & 80 \\\hline 50 & 70 \\\hline 60 & 60\\\hline\end{array}$$ Narrend
-In Exhibit 10.3, if the 'cap' is set at 100 permits, the resulting market price of permits is:

A) $50.
B) $10.
C) $100.
D) $20.

Correct Answer:

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