Use the supply schedule below to answer the questions that follow. Supply of Flower Bouquets Price (dollars per bouquet)Quantity of Bouquets Supplied40 125
35 100
30 75
25 50
20 25
15 0A. What is the quantity of bouquets supplied if the market price is $30?
B. Suppose the market price falls from $30 per bouquet to $20 per bouquet. The quantity of bouquets supplied will (decrease or increase) bybouquets.

75 bouquets

Decrease 50

Explanation:

Supply is the amount of goods and services supplied at different prices.

According to the law of supply, the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.

B. According to the table provided, when price was $30, 75 bouquets were ordered but when price was $20, 25 bouquets were ordered.

the supply would decrease by 75 - 25 = 50

a progressive tax is a tax that imposes a lower tax rate on low-income earners compared to those with a higher income, making it based on the taxpayer's ability to pay. that means it takes a bigger percentage from high income earners than it does from low income people.

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