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During an Unusually Hot Summer, the Demand for Soft Drinks

Question 247

Multiple Choice

During an unusually hot summer, the demand for soft drinks increases while the supply of soft drinks remains the same. The price of a soft drink


A) rises and the supply of soft drinks increases.
B) rises and the quantity supplied increases.
C) rises and the quantity supplied decreases.
D) falls and the supply of soft drinks decreases.

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