The decision by firms of the quantity of each input to demand is based on

When is the profit a firm earns equal to the producer surplus? Explain

What will be an ideal response?

The discussion of Figure 2.2 in the text indicates that quantity demanded for most goods tends to increase as income rises. However, the quantity of bananas demanded in the U.S. tends to decrease as income rises

Under this condition, we expect that an increase in consumer income shifts the demand curve for bananas: A) rightward B) no shift. C) leftward. D) upward.