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Skateboards International of Long Beach, California, Was Able to Sell

Question 53

Multiple Choice

Skateboards International of Long Beach, California, was able to sell 20,000 skateboards at a price of $60 in 2008.In 2009, it is able to sell only 12,000 of the same skateboards at a price of $60.Evidently, Skateboard International has experienced a(n) :


A) increase in quantity supplied.
B) increase in demand.
C) increase in supply.
D) decrease in demand.
E) increase in quantity demanded.

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