Multiple Choice
Teenagers drink more soft drinks than other age groups. If the number of teenagers increases, everything else remaining the same,
A) market demand for soft drinks decreases.
B) market demand for soft drinks does not change.
C) there is a movement along the market demand curve for soft drinks.
D) market demand for soft drinks increases.
E) None of the above answers is correct because the effect on demand depends whether the supply curve shifts rightward, leftward or not at all.
Correct Answer:

Verified
Correct Answer:
Verified
Q48: When laptops were first produced, the price
Q49: eBay<br>A) is not a market because buyers
Q50: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" In the above
Q51: If there is a surplus of a
Q52: The number of people looking to buy
Q54: If macaroni and cheese is an inferior
Q55: If both producers and consumers believe that
Q56: Because of a sharp increase in the
Q57: Which of the following leads to an
Q58: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" The graph illustrates