1. What happens to the supply of landscaping services when the price of landscaping increases? a. Goes to zero, b. Nothing

c. decreases, d. increases

2. Given the demand function Qxd = 1,000 - 2Px, what price derives all consumers from the market? a. $1,000 b. $500 c. $250

d. $800

3. Use supply and demand to determine what happens to the price and quantity of laptops when new technology allows microchip manufacturing workers to be more productive? a. P decrease, Q decreases b. P decreases, Q increases

c. P increases, Q increases d. P increases, Q decreases