Increasing the Minimum Age for Buying Beer Means That the Price

Multiple Choice

Increasing the minimum age for buying beer means that the price of beer will ________ because ________.

A) fall; beer is an inferior good
B) rise; brewers will take advantage of the situation
C) fall; there are fewer buyers in the beer market
D) fall; there are fewer sellers in the beer market
E) rise; not everyone drinks beer