Table 43 -The Table Given Below Shows the Quantity Supplied and the |

question 198

Multiple Choice

Table 4.3
$$\begin{array} { | c | c | c | } \hline \text { Price (\$) } & \text { Quantity demanded } & \text { Quantity supplied } \\\hline 1.0 & 100 & 10 \\\hline 1.20 & 90 & 30 \\\hline 1.40 & 80 & 50 \\\hline 1.50 & 70 & 70 \\\hline 1.60 & 60 & 90 \\\hline\end{array}$$
-The table given below shows the quantity supplied and the quantity demanded of a good at different prices. If the price of the good described in the table below is $1.60, then an economist would expect the _____

• A) price to decrease to $1.40.
• B) price to decrease to $1.50.
• C) quantity supplied to decrease to 30 units.
• D) quantity demanded to increase to 90 units.
• E) quantity demanded to decrease to 50 units.

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