Multiple Choice
-The figure above shows 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 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 number of soft drink suppliers.
Correct Answer:

Verified
Correct Answer:
Verified
Q31: Explain why a relative price is an
Q32: If a market is NOT in equilibrium,
Q33: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the figure
Q34: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -A market research
Q35: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -Consider the demand
Q37: Sweatshirts and tee-shirts are complements in consumption
Q38: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above figures
Q39: Which of the following shifts the demand
Q40: When demand increases, the equilibrium price _
Q41: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above figures