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The Following Questions Refer to the Graph Below

Question 15

Multiple Choice

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 equilibrium price and quantity increase to $10 and 65,which of the following could have caused the change? A) An increase in consumer income B) An increase in production costs C) The discovery that Dr.Pepper causes health problems D) A technological advance in Dr.Pepper production E) All of the above
-If the market starts in equilibrium with D1 and S1,and equilibrium price and quantity increase to $10 and 65,which of the following could have caused the change?


A) An increase in consumer income
B) An increase in production costs
C) The discovery that Dr.Pepper causes health problems
D) A technological advance in Dr.Pepper production
E) All of the above

Correct Answer:

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