The number of people looking to buy ceiling fan buyers increases,so there is an increase in the
A) quantity of ceiling fans demanded and a surplus of ceiling fans.
B) demand for ceiling fans and a rise in the price of a ceiling fan.
C) demand for ceiling fans and a surplus of ceiling fans.
D) supply of ceiling fans and no change in the price of a ceiling fan.
E) demand for ceiling fans and in the supply of ceiling fans.

Question

Quizplus · Accepted Answer

An increase in the number of people looking to buy ceiling fans would lead to an increase in the demand for ceiling fans, as more people are interested in purchasing them. This could result in a rise in the price of a ceiling fan, as the demand for them outstrips the available supply. Therefore, option B is the best choice.

The Number of People Looking to Buy Ceiling Fan Buyers