Penny thinks that the price of books will decrease next week.
If everything else is equal, which of the following would reflect how Penny's behavior will change in response to her expectations?
Choose 1
Choose 1

(Choice A)
A
Penny will move to a new, lower quantity along her demand curve

(Choice B)
B
Penny will move to a new, higher quantity on her demand curve

(Choice C)
C
Penny's demand for books today will increase

(Choice D)
D
Penny's demand for books today will decrease

(Choice E)
E
Penny will demand more complementary goods to books

Kirnon clinic uses client-visits as its measure of activity. during july, the clinic budgeted for 3,250 client-visits, but its actual level of activity was 3,160 client-visits. the clinic has provided the following data concerning the formulas to be used in its budgeting: fixed element per month variable element per client-visitrevenue - $ 39.10personnel expenses $ 35,100 $ 10.30medical supplies 1,100 7.10occupancy expenses 8,100 1.10administrative expenses 5,100 0.20total expenses $ 49,400 $ 18.70the activity variance for net operating income in july would be closest to: