Author Question: The table below displays hypothetical demand and supply schedules for the market for overnight ... (Read 39 times)

Gabby · **on:** Oct 12, 2022

Question 1

The table below displays hypothetical demand and supply schedules for the market for overnight parcel deliveries in Canada.

TABLE 3-4

Refer to Table 3-4. The equilibrium price and quantity for overnight parcel delivery in Year 1 is ________ and ________ million parcels.

◦ $10; 115
◦ $22; 130
◦ $22; 115
◦ $14; 120
◦ $30; 80

Question 2

The table below displays hypothetical demand and supply schedules for the market for overnight parcel deliveries in Canada.

TABLE 3-4

Refer to Table 3-4. The equilibrium price and quantity for overnight parcel delivery in Year 2 is ________ and ________ million parcels.

◦ $14; 120
◦ $18; 110
◦ $10; 100
◦ $22; 115
◦ $18; 125

spicyzack · **Reply #1 on:** Oct 12, 2022

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