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    Exam 5: Efficiency and Equity
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    -The Figure Above Shows the Market for Coffee
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-The Figure Above Shows the Market for Coffee

Question 291

Question 291

Multiple Choice

  -The figure above shows the market for coffee. If 30 pound of coffee a month are available, the ________ price that consumers are willing to pay for the last pound is ________. A)  maximum; $4.00 B)  minimum; $4.00 C)  maximum; $2.50 D)  minimum; $2.50
-The figure above shows the market for coffee. If 30 pound of coffee a month are available, the ________ price that consumers are willing to pay for the last pound is ________.


A) maximum; $4.00
B) minimum; $4.00
C) maximum; $2.50
D) minimum; $2.50

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