Multiple Choice
In 1999,Coca-Cola considered a plan to install thermometers in vending machines that would charge more for cold beverages on particularly hot days.If the demand curve for Coke is like most demand curves,what would the result have been on hot days?
A) an increase in the available supply of competing soft drinks
B) a shortage of Coca Cola
C) a lower quantity of Coke demanded than at the lower price
D) no effect on the amount of Coke consumers would buy
Correct Answer:

Verified
Correct Answer:
Verified
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