Economics 9708 · AS & A Level · Demand and supply curves

Demand and supply curves — practice question

Three firms, X, Y and Z, supply a market. The table gives their supply at four different prices. Which change in price is needed for market supply to fall by half?

  • A$90 to $70
  • B$90 to $80
  • C$100 to $70
  • D$100 to $90

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