The table sets out the supply and demand for avocados in Mexico City. Because transport costs have fallen, supply increases by 60 kg at every price. What is the equilibrium price now?
- A$45
- B$40
- C$35
- D$30
Economics 9708 · AS & A Level · Income elasticity of demand
The table sets out the supply and demand for avocados in Mexico City. Because transport costs have fallen, supply increases by 60 kg at every price. What is the equilibrium price now?