$\text { Table } 27 \text { a }$

Multiple Choice

$\text { Table } 27 \text { a }$
$\begin{array}{ccc}\hline\text {Price}&\text { Quantity Demanded}&\text { Quantity Demanded}\\&\text { in January}& \text {in February}\\\hline \$ 35,000 & 35,000 & 40,000 \\\hline \$ 30,000 & 40,000 & 45,000 \\\hline \$ 25,000 & 45,000 & 50,000 \\\hline \$ 20,000 & 50,000 & 55,000 \\\hline \$ 15,000 & 55,000 & 60,000 \\\hline\end{array}$

-Assume Table 27b represents supply schedules for Ford Explorers. In January Ford Motor Company would have been willing to supply 55,000 cars at a price of $35,000 and 40,000 cars at a price of $20,000. This change from $35,000 to $20,000 represents

A) an increase in supply.
B) an increase in quantity supplied.
C) an decrease in supply.
D) a decrease in quantity supplied.