Multiple Choice
-Consider the figure above showing supply curves for soft drinks. Suppose the economy is at point
A.A movement to point d would be the result of
A) an increase in the number of soft drink suppliers.
B) an increase in technology.
C) a decrease in the relative price of a soft drink.
D) an increase in the relative price of a soft drink.
Correct Answer:

Verified
Correct Answer:
Verified
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