Refer to the above figure for the market of Cheerios. Which ...

[NClaborn]

Refer to the above figure for the market of Cheerios. Which diagram depicts the effect of an increase in the price of Cheerios?
 
  A) A
  B) B
  C) neither graph
  D) both graphs

Question 2

The Federal Trade Commission (FTC) is a regulatory agency that is responsible for preventing firms from engaging in misleading advertising. This type of regulation is known as
 
  A) the Federal Register.
  B) social regulation.
  C) the market share test.
  D) economic regulation.

[macagnavarro]

Answer to Question 1

C

Answer to Question 2

B

[NClaborn]

Thanks for the timely response, appreciate it

[hollysheppard095]

YES! Correct, THANKS for helping me on my review