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.
A) decrease; 20
B) increase; 20
C) decrease; 40
D) increase; 40
Correct Answer:

Verified
Correct Answer:
Verified
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