Scenario 4.2: Suppose That the Demand for Artichokes (Qa) Is Given As

Multiple Choice

Scenario 4.2:
Suppose that the demand for artichokes (Qa) is given as:
Qa = 200 - 4P
-Use the information in Scenario 4.2. Suppose that the price of artichokes is increased slightly from $10. The total expenditure by consumers on artichokes will ________ and the number of artichokes sold will ________.

A) rise; rise
B) rise; fall
C) fall; rise
D) fall; fall