Suppose Sprite and 7-Up Are Considered by Consumers to Be

Multiple Choice

Suppose Sprite and 7-Up are considered by consumers to be substitutes. The likely economic impact of a decrease in the price of 7-Up is a:

A) ​movement up along the demand curve for Sprite.
B) ​decrease in the supply of 7-Up.
C) ​rightward shift of the demand curve for Sprite.
D) ​leftward shift of the demand curve for Sprite.