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Use the Figure Below to Answer the Following Questions

Question 48

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Use the figure below to answer the following questions.
Table 3.5.2 Use the figure below to answer the following questions. Table 3.5.2   -Refer to Table 3.5.2.Professor Hyper publishes a new study, showing that coffee raises the test performance of students.Students double their demand for coffee and the quantity of coffee demanded at each price doubles.The new equilibrium price is $ _______, and the new equilibrium quantity is _______ cups a day. A) 1.50; 1,600 B) 1.40; 1,400 C) 1.20; 1,000 D) 1.30; 1,200 E) 2.20; 800
-Refer to Table 3.5.2.Professor Hyper publishes a new study, showing that coffee raises the test performance of students.Students double their demand for coffee and the quantity of coffee demanded at each price doubles.The new equilibrium price is $ _______, and the new equilibrium quantity is _______ cups a day.


A) 1.50; 1,600
B) 1.40; 1,400
C) 1.20; 1,000
D) 1.30; 1,200
E) 2.20; 800

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