Question: Quantity Demanded Quantity Supplied Price Per Unit Per Year Per Year $5 2,000 0 10 1,800 300 15 1,600 600 20 1,400 900 25 1,200

 Quantity Demanded Quantity Supplied Price Per Unit Per Year Per Year

Quantity Demanded Quantity Supplied Price Per Unit Per Year Per Year $5 2,000 0 10 1,800 300 15 1,600 600 20 1,400 900 25 1,200 1,200 30 1,000 1,500 Refer to the above table. An increase in price from $20 per unit to $25 per unit shows which of the following? O A decrease in quantity demanded of 300 units per year O A shift in the demand schedule from 1,600 units per year to 1,400 units per year An increase in quantity supplied of 300 units per year A shift in the supply schedule from 1,200 units per year to 1,500 units per year

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