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Refer to the Accompanying Figures

Question 41

Multiple Choice

Refer to the accompanying figures. If Mallory and Rick are the only two consumers in this market and the price of soda increases from $0.75 to $1.00 per can, the quantity of soda demanded in the market will ________ by ________ cans per month. Refer to the accompanying figures. If Mallory and Rick are the only two consumers in this market and the price of soda increases from $0.75 to $1.00 per can, the quantity of soda demanded in the market will ________ by ________ cans per month.   A) decrease; 20 B) increase; 20 C) decrease; 40 D) increase; 40


A) decrease; 20
B) increase; 20
C) decrease; 40
D) increase; 40

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