Question 1) The demand function for a good is given by Qd = 100 5P: The effect of increase in income

of the consumer on this demand curve is

a. the curve will pivot along x-axis

b. the curve will shift parallel to the right

c. the curve will shift parallel to the left

d. The curve will become atter

question2)The Eagle Company produces a product for which the xed cost is $90; 000 and per unit variable

cost is $15. The selling price of Eagle's product is $20 per unit. Determine the number of units that

must be sold for the company to earn a prot of $60; 000:Show complete working of the problem.