Use the figure below to answer the following questions. Figure 15.2.3
-Refer to Figure 15.2.3.The unregulated equilibrium in the paper market is
A) a quantity of 40 tonnes and a price of $11 a tonne.
B) a quantity of 40 tonnes and a price of $13 a tonne.
C) a quantity of 50 tonnes and a price of $12 a tonne.
D) a quantity of 50 tonnes and a price of $14 a tonne.
E) a quantity of 60 tonnes and a price of $13 a tonne.
Correct Answer:
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