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Coca-Cola Bottlers Increased Their Prices as the Price of Sugar

Question 78

Multiple Choice

Coca-Cola bottlers increased their prices as the price of sugar (an important ingredient in producing Coke) rose sharply in the late 1980s. Under these circumstances, what caused the increase in the price of Coke?


A) a decrease in demand
B) an increase in supply
C) an increase in demand
D) a decrease in supply

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