32. Refer to Figure 1. The diagram shown illustrates the market for compact discs. If the govemment imposes a price floor of $25 for compact discs, which of the following will be true? A. Consumers would wish to purchase 1,000 compact discs. B. Producers would wish to sell 5,000 compact discs. C. There would be a surplus of 4,000 compact discs. D. All of the above. 33. A 10 percent increase in the price of pizza causes a 5 percent decrease in the quantity demanded of orange soda pop. This means that A. pizza and orange soda pop are substitutes B. pizza and orange soda pop are complements C. the cross-price elasticity of demand is elastic D. the cross-price elasticity of demand is equal to 2 E. the cross-price elasticity of demand is equal to 2 34. A rightward shift in the supply curve for a product could be caused by all of the following except o A. A decrease in the price of a productive resource used in its manufacture. Which is the exception? B. A decrease in the price of a product that is a substitute in production. C. The expectation by suppliers that the future price of the product will be higher. D. A technological improvement in manufacturing methods. 35. When technology improves in the ice cream industry, consumer surplus will A. increase. C. not change, since technology affects suppliers and not consumers. B. decrease. D. increase, then decrease