This Month Fritter Firm Finds That It Has Been Able

question 29

Multiple Choice

This month Fritter Firm finds that it has been able to sell 200 fritters at a price of $1 per fritter. Last month, the firm was able to sell only 150 fritters at $1 per fritter. What most likely happened over the month?

• A) Demand increased.
• B) Supply increased.
• C) Supply decreased.
• D) Quantity supplied decreased.
• E) Quantity demanded increased.