Multiple Choice
The Following Questions Refer to the graph below.
-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
Correct Answer:

Verified
Correct Answer:
Verified
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