If the price per bushel of apples increased from 7.00 to 8.00 ...

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If the price per bushel of apples increased from 7.00 to 8.00 because of a poor harvest, the
 
  A) demand for apples decreases.
  B) quantity of apples demanded decreases.
  C) quantity of apples supplied decreases.
  D) Both answers A and B are correct.

Question 2

If higher inflation is expected in the future, then the
 
  A) SAS curve shifts rightward.
  B) AD curve shifts rightward.
  C) LAS curve shifts rightward.
  D) None of the above answers is correct.

[LVPMS]

Answer to Question 1

B

Answer to Question 2

B

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Gracias!

[LVPMS]

TYSM