Multiple Choice
Use the following to answer questions:
Figure: Supply and Demand in the Apple Juice Market
-(Figure: Supply and Demand in the Apple Juice Market) Use Figure: Supply and Demand in the apple juice market.The market is in equilibrium at point C.Suppose most people drink apple juice only with cider.What will be the new equilibrium point in the apple juice market if a law banning alcohol passes?
A) A
B) B
C) D
D) E
Correct Answer:

Verified
Correct Answer:
Verified
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