-The Above Table Gives the Market Demand and Market Supply

question 58

Multiple Choice

-The above table gives the market demand and market supply schedules for soda. What is the minimum price that producers are willing to accept for the 400th can of soda?

• A) $0.40 per can
• B) $0.50 per can
• C) $0.60 per can
• D) $0.70 per can

---

Definitions:

Discount Retailers

Stores or outlets that sell products at lower prices than those typically charged by traditional retail outlets.

Exclusive Territories

Areas or regions where a distributor or sales agent is given the sole rights to sell a company's product, preventing competition within that territory.

Vertical Contracts

Agreements between companies at different levels in the supply chain, such as between a manufacturer and a retailer, aiming to increase efficiencies and reduce costs.

Costly Activities

Actions or endeavors that require significant expenditures of resources, such as money, time, or effort.