Being a price taker, a perfectly competitive firm cannot receive a producer surplus in the short run

A decrease in the capital stock would be expected to

a. decrease the labor force. b. increase the level of output. c. decrease real GDP per capita. d. increase real GDP per capita.

Suppose that the demand curve for apples is downward sloping and the price per pound decreases from $1.25 to $1.00. We would then expect

A. the demand for apples to decrease. B. the demand curve to shift toward the origin. C. the quantity of apples demanded to fall. D. the quantity of apples demanded to increase.