You can now sell 40 cups of lemonade per week at 40¢ per cup, but demand is dropping at a rate of 1 cups per week each week. assuming that raising the price does not affect demand, how fast do you have to raise your price if you want to keep your weekly revenue constant? hint [revenue = price × quantity.]

When a shortage or a surplus arises in the loanable funds market a. the supply of loanable funds changes to return the economy to its original real interest rate b. the nominal interest rate is pulled to the new equilibrium level c. the demand for loanable funds changes to return the economy to its original real interest rate d. the real interest rate is pulled to the new equilibrium level