Multiple Choice
-Assume Table 27a represents demand schedules for Ford Explorers. In January consumers would have been willing to purchase 45,000 cars at a price of $25,000. In February, they would have been willing to purchase 50,000 cars at a price of $25,000. This change represents
A) an increase in demand.
B) an increase in quantity demanded.
C) an decrease in demand.
D) a decrease in quantity demanded.
Correct Answer:

Verified
Correct Answer:
Verified
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