Table 4-10 The Following Table Shows the Number of Cases of Water

question 138

Multiple Choice

Table 4-10
The following table shows the number of cases of water each seller is willing to sell at the prices listed.
-Refer to Table 4-10. If the four suppliers listed are the only suppliers in this market and the market demand schedule is: the equilibrium price and quantity are

• A)$0.00 and 1200 cases
• B)$3.00 and 300 cases
• C)$6.00 and 600 cases
• D)$9.00 and 600 cases

---

Definitions:

Midway Island

A small, strategically significant atoll in the North Pacific Ocean, notable for its role in a pivotal World War II battle between the United States and Japan.

Allies

Countries or entities that join forces or cooperate for a common purpose, often referring to the allied countries against the Axis Powers during World War II.

Norman Rockwell

An iconic 20th-century American painter and illustrator known for his depictions of everyday life in the United States, capturing the spirit and culture of the nation.