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o 200 400 600 800 1,000 1,200 Quantity In the figure above, if price increases from $60 to $80, an arrow representing the PRICE effect

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o 200 400 600 800 1,000 1,200 Quantity In the figure above, if price increases from $60 to $80, an arrow representing the PRICE effect Multiple Choice . will point upward. will point downward. will be longer than (and in oppesite direction of) the arrow representing the guantity effect. will be sharter than (and in the opposite direction of) the arrow representing the quantity effect. o O O O both "will peint upward\" and "will be shorter than {and in the opposite direction of) the arrow representing the quantity effect\

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