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QUESTION 45 A market demand curve is likely to shift to the right when O average Income falls O prices fall O prices rise

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QUESTION 45 A market demand curve is likely to shift to the right when O average Income falls O prices fall O prices rise O population increases New firms enter the market QUESTION 46 Chef Gary has been a pioneer of farm-to-table cooking. In fact, he used to be a farmer and decided that he wanted to use everything grown and raised on his farm to make the freshest fine cuisine possible. Sure, some of the spices and ingredients have to be sourced from elsewhere, but 90% of what is in Chef Gary's good is directly from his farm. He spent $2 million in savings and converted some of his many acres of farmland into a restaurant. He is the head chef and has a staff of about 10 people working for him. He pays his workers cash, but he does not pay himself a salary the profit of the restaurant is what he claims at the end W 4 E 4 MacBook Air R T Y 3 points 3 points

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