Table 4.2.2. -Look at Table 4.2.2. Input Prices Rise, and Supply Decreases

Multiple Choice

Table 4.2.2.
-Look at Table 4.2.2. Input prices rise, and supply decreases by 100 rubber ducks at each price. The new equilibrium price is $________ and the new equilibrium quantity is ________ rubber ducks.

A) 70; 450
B) 70; 350
C) 50; 450
D) 50; 350
E) 60; 400