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Matching A business in a summer lake resort town rents jet skis. Each event described will result in a change in demand or supply and

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Matching A business in a summer lake resort town rents jet skis. Each event described will result in a change in demand or supply and price for the rental business. Write the letter of the correct results. a. Demand increases and price rises b. Demand decreases and price falls c. Supply increases and price falls d. Supply decreases and price rises 1. The town is hit with extremely cold and rainy weather. 2. The peak summer months bring large numbers of vacationers to town. 3. More firms that rent skis open up businesses in the town. 4. The price of renting motor boats (a substitute for jet skis) decreases. 5. The price of jet ski fuel (a complement of jet skis) increases

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