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Researchers Demonstrate Conclusively That Drinking 4-6 Ounces of Ginger Ale

Question 194

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Researchers demonstrate conclusively that drinking 4-6 ounces of ginger ale each day increases life expectancy by 3 years.What happens in the market for ginger ale?


A) The equilibrium price falls, and the equilibrium quantity rises.
B) The equilibrium price rises, and the equilibrium quantity falls.
C) The equilibrium price and quantity rise.
D) The equilibrium price and quantity fall.

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