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71 72 Question 39 The fact that a fall in the price of a good results in a decrease in the quantity of the good supplied illustrates Finish at Not yet answered a. the law of supply. Marked out of 1.000 b. the law of demand. P Flag c. a change in supply. question d. the nature of an inferior good. e. technological improvement. Question 40 Suppose roses are currently selling for $40 per dozen. The equilibrium price of roses is $50 per dozen. What would we Not yet expect? answered Marked out of a. a shortage to exist and the market price of roses to increase 1,000 . b. a shortage to exist and the market price of roses to decrease P Flag question . c. a surplus to exist and the market price of roses to increase .d. a surplus to exist and the market price of roses to decrease e, None of the above