Solved

-The Figure Above Shows Supply Curves for Soft Drinks

Question 399

Multiple Choice

  -The figure above shows supply curves for soft drinks. Suppose the economy is at point a. A movement to point c could be the result of A)  a decrease in technology. B)  a decrease in the relative price of a soft drink. C)  an increase in the relative price of a soft drink. D)  an increase in the money price of a soft drink.
-The figure above shows supply curves for soft drinks. Suppose the economy is at point a. A movement to point c could be the result of


A) a decrease in technology.
B) a decrease in the relative price of a soft drink.
C) an increase in the relative price of a soft drink.
D) an increase in the money price of a soft drink.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions