-Refer to the Table Above

question 27

Multiple Choice

$\begin{array} { | c | c | c | } \hline \begin{array} { c } \text { Price Per } \\\text { Pair }\end{array} & \begin{array} { c } \text { Quantity } \\\text { Demanded }\end{array} & \begin{array} { c } \text { Quantity } \\\text { Supplied }\end{array} \\\hline \text { R20 } & 18 & 3 \\\hline \text { R40 } & 14 & 4 \\\hline \text { R60 } & 10 & 5 \\\hline \text { R80 } & 6 & 6 \\\hline \text { R100 } & 2 & 8 \\\hline\end{array}$
-Refer to the table above. In the supply and demand schedules for socks shown here, if a price ceiling of R60 is imposed by the government, the quantity of socks actually purchased will be

• A) 5
• B) 10
• C) 4
• D) 6

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