If Build-Right Decides to Charge the State Highway Department $55

Multiple Choice

If Build-Right decides to charge the State Highway Department $55 per yard for its cement when tax revenues per capita are $3,200 and the price of asphalt is $35 per yard, the expected quantity demanded is

A) 1,000 yards of cement.
B) 2,000 yards of cement.
C) 4,000 yards of cement.
D) 6,000 yards of cement.
E) 8,000 yards of cement.