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The Following Questions Refer to the Graph Below

Question 28

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The Following Questions Refer to the graph below. The Following Questions Refer to the graph below.   -If the market starts in equilibrium with D<sub>1</sub> and S<sub>1</sub>,and more consumers develop a preference for Dr. Pepper, the new equilibrium price and quantity are  A)  13 and 55 B)  10 and 40 C)  10 and 65 D)  7 and 55 E)  10 and 55
-If the market starts in equilibrium with D1 and S1,and more consumers develop a preference for Dr. Pepper, the new equilibrium price and quantity are


A) 13 and 55
B) 10 and 40
C) 10 and 65
D) 7 and 55
E) 10 and 55

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