Exhibit 4-1
the Following Are the Equations for the Supply $\begin{array}{lccc} \text { Demand } & Q_{d}=20-2 F \\ \text { Supply:} & \mathrm{Q}_{s}=5+3 \mathrm{P} \end{array}$

question 130

Multiple Choice

Exhibit 4-1
The following are the equations for the supply and demand curves in the market for weezils:
$\begin{array}{lccc} \text { Demand } & Q_{d}=20-2 F \\ \text { Supply:} & \mathrm{Q}_{s}=5+3 \mathrm{P} \end{array}$



where Q_d is the quantity demanded, Q_s is the quantity supplied, and P is the price per weezil in dollars.
-Refer to Exhibit 4-1.If consumers decide that they want 20 percent fewer weezils at every price,the equation for the new demand curve for weezils will be

• A)Q_d = 20 - 1.6P.
• B)Q_d = 0.2(20 - 2P).
• C)Q_d = 0.8(20 - 2P).
• D)Q_d = 80(20 - 2P).

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Definitions:

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An individual who conveys information or expresses ideas effectively, using verbal, nonverbal, written, and visual methods.

Product Launch

The introduction of a new product into the market, often accompanied by marketing efforts.

Source

The originator of a thought or emotion, who puts it into a code that can be understood by a receiver.

Channel

The means by which a message is expressed to the receiver.