Solved

-Figure 4-3 Shows the Supply and Demand for Socks

Question 36

Multiple Choice

 Fimure 4-3  Price  Quartity  Quartity  Per Pair  Demarded  Supplied $2183$4144$6105$866$1028\begin{array} { | c c c } \hline { \text { Fimure 4-3 } } \\\hline \text { Price } & \text { Quartity } & \text { Quartity } \\\text { Per Pair } & \text { Demarded } & \text { Supplied } \\\hline \$ 2 & 18 & 3 \\\$ 4 & 14 & 4 \\\$ 6 & 10 & 5 \\\$ 8 & 6 & 6 \\\$ 10 & 2 & 8 \\\hline\end{array}
-Figure 4-3 shows the supply and demand for socks.If a price floor of $10 is imposed,the quantity of socks actually purchased will be


A) 6 pairs
B) 10 pairs
C) 2 pairs
D) 8 pairs
E) 1 pair

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions