Question 120 / 1 point

An illegal drug called zizzazz has and equilibrium price of $5.25 per ounce. If a the technology used to produce zizzazz improved making it less expensive to produce, then the price of zizzazz would be expected to ___ and the quantity sold per day would be expected to ___.

decrease, decrease

decrease, increase

increase, increase

Question 2

An illegal drug called zizzazz has and equilibrium price of $5.25 per ounce. If a chemical used to produce zizzazz decreased in price, then the price of zizzazz would be expected to ___ and the quantity sold per day would be expected to ___.

decrease, decrease

increase, decrease

decrease, increase