The Table Below Displays Hypothetical Demand and Supply Schedules for the Market

question 82

Multiple Choice

The table below displays hypothetical demand and supply schedules for the market for overnight parcel deliveries in Canada. TABLE 3-3
-Refer to Table 3-3.overnight parcel delivery? From Year 1 to Year 2,

• A) the price of regular parcel delivery decreased.
• B) the government introduced a subsidy for overnight parcel delivery.
• C) consumer preferences changed toward a desire for faster delivery.
• D) the number of suppliers of overnight parcel delivery service increased.
• E) there was a decrease in the price of jet fuel.

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