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Demand and Supply Schedules for Chocolate BarsPrice($)Quantity Demanded(thousands per week)Quantity ...

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Demand and Supply Schedules for Chocolate BarsPrice($)Quantity Demanded(thousands per week)Quantity ...

Demand and Supply Schedules for Chocolate Bars

Price ($)	Quantity Demanded (thousands per week)	Quantity Supplied (thousands per week)
2.00	1500	2100
1.80	1600	2050
1.60	1700	2000
1.40	1800	1950
1.20	1900	1900
1.00	2000	1850
0.80	2100	1800
0.60	2200	1750
0.40	2300	1700

TABLE 5-1

Refer to Table 5-1. Suppose the government established a price ceiling of $1.00 per chocolate bar. How many thousands of chocolate bars would be exchanged per week?

▸ 1850

▸ 1900

▸ 2100

▸ 1800

▸ 2000

Textbook

Microeconomics

Edition: 17^th

Author: Ragan

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