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A Soft Drink Company Is Interested in Seeing How the Demand

Question 68

Multiple Choice

A soft drink company is interested in seeing how the demand for its products is affected by price.The company believes that the quantity, q, of soft drinks sold depends on $p _ { 1 }$ , the average price of the company's soft drinks, and $p _ { 2 }$ , the average price of competing soft drinks.Which of the graphs below is most likely to represent q as a function of $p _ { 1 }$ and $p _ { 2 }$ ?

A) $A soft drink company is interested in seeing how the demand for its products is affected by price.The company believes that the quantity, q, of soft drinks sold depends on p _ { 1 } , the average price of the company's soft drinks, and p _ { 2 } , the average price of competing soft drinks.Which of the graphs below is most likely to represent q as a function of p _ { 1 } and p _ { 2 } ? A) B) C) D)$
B) $A soft drink company is interested in seeing how the demand for its products is affected by price.The company believes that the quantity, q, of soft drinks sold depends on p _ { 1 } , the average price of the company's soft drinks, and p _ { 2 } , the average price of competing soft drinks.Which of the graphs below is most likely to represent q as a function of p _ { 1 } and p _ { 2 } ? A) B) C) D)$
C) $A soft drink company is interested in seeing how the demand for its products is affected by price.The company believes that the quantity, q, of soft drinks sold depends on p _ { 1 } , the average price of the company's soft drinks, and p _ { 2 } , the average price of competing soft drinks.Which of the graphs below is most likely to represent q as a function of p _ { 1 } and p _ { 2 } ? A) B) C) D)$
D) $A soft drink company is interested in seeing how the demand for its products is affected by price.The company believes that the quantity, q, of soft drinks sold depends on p _ { 1 } , the average price of the company's soft drinks, and p _ { 2 } , the average price of competing soft drinks.Which of the graphs below is most likely to represent q as a function of p _ { 1 } and p _ { 2 } ? A) B) C) D)$

A Soft Drink Company Is Interested in Seeing How the Demand

Multiple Choice

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