-The Table Above Shows the Demand and Supply Schedules for Rice

question 98

Multiple Choice

-The table above shows the demand and supply schedules for rice. With a quota of 2,000 boxes a week, the price of a box of rice is _______, the marginal cost of producing rice is _______ a box, and the quantity of rice produced is _______ boxes a week.

• A) $1.40; $1.40; 2,000
• B) $1.40; $1.40; 2,500
• C) $1.60; $1.30; 2,000
• D) $1.30; $1.60; 2,000

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