Question
Question1 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
Question1
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
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