Use the Table Below to Choose the Correct Answer

question 407

Multiple Choice

Use the table below to choose the correct answer. The table is a schedule of the supply and demand for coffee (both given in thousands of pounds per month) .
The equilibrium market price of coffee would be

• A) $6 per pound.
• B) $8 per pound.
• C) $10 per pound.
• D) $12 per pound.

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Definitions:

Government Agency

An administrative unit of the government tasked with specific functions and duties.

Spacecraft

A vehicle designed for travel or operation in outer space.

Export Tax

A tax imposed by a government on goods and services that are sold to other countries, designed to regulate trade.

Unconstitutional

Describes actions or laws that are not in accordance with the constitution of a given jurisdiction.