Refer to Figure 13-1. Ceteris paribus, a decrease in households' ...

[nevelica]

Refer to Figure 13-1. Ceteris paribus, a decrease in households' expectations of their future income would be represented by a movement from
 
  A) AD1 to AD2. B) AD2 to AD1. C) point A to point B. D) point B to point A.

Question 2

Refer to Figure 3-4. At a price of 20, how many units will be sold?
 
  A) 400 B) 500 C) 600 D) 800

[kswal303]

Answer to Question 1

B

Answer to Question 2

C

[nevelica]

Thanks for the timely response, appreciate it

[irishcancer18]

TYSM