The Following Table Shows the Supply Schedule of Bread for Three

question 18

Multiple Choice

The following table shows the supply schedule of bread for three sellers in the economy. Assume that these three sellers constitute the entire market.

-Refer to the table above.Assuming that the market consists of only these three sellers,what is the market supply when the price is $2 per loaf?

• A) 39 loaves
• B) 41 loaves
• C) 52 loaves
• D) 89 loaves

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Definitions:

Preliminary

Initial or preparatory, serving as a precursor to further action or investigation.

Rapport

A relationship characterized by mutual understanding, trust, and empathy, often seen as foundational in therapeutic and professional contexts.

Nonverbal Communication

The exchange of information through non-linguistic means, such as facial expressions, gestures, and posture.

Bimodal

Pertaining to or having two modes, often used in statistics to describe distributions with two different peaks or in communications to refer to systems that use two distinct methods of operation.