The chart shows a combined supply and demand schedule. A 3-column table has 5 rows. The first column is labeled Price per Pair of Running Shoes with entries 45 dollars, 75 dollars, 100 dollars, 125 dollars, and 150 dollars. The second column is labeled Quantity Demanded with entries 100, 80, 60, 40, 20. The third column is labeled Quantity Supplied with entries 40, 50, 60, 70, 80. According to this table, what will happen when the price of a pair of shoes rises from $100 to $125? The cost to make a pair of shoes will rise. A scarcity of shoes will result. Profits from selling shoes will increase. Consumers will want to buy fewer pairs of shoes.

Profits from selling shoes will increase if the price of a pair of shoes climbs from $100 to $125. As a result, option (c) is the correct answer.

What is the shift in shoe price denote?

When the price is $100, the quantity demanded equals the quantity given, which equals 60.

When the price is $125, the number required is 40 and the number given is 70.

Earnings if sold for $100 and earnings based on a $125 sale.

[tex]100 \text{ x } 60 = 6,000\\125 \text{ x } 70 = 8,750[/tex]

Profit will now rise in lockstep with earnings per pair of shoes.

Therefore, the answer is, that profits from selling shoes will increase, out of the possibilities given.

Check out the link below to know more about the demand schedule;

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