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Coke and Pepsi Are Substitute Soft Drinks

Question 9

Multiple Choice

Coke and Pepsi are substitute soft drinks. Which of the following would cause the demand curve for Pepsi to shift to the left?


A) a new Pepsi ad campaign that increases the popularity of Pepsi
B) the price of Coke decreases
C) the price of Pepsi decreases
D) the cost of making Pepsi rises

Correct Answer:

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