If the Surgeon General announces that colas cause cancer then we would expect
A) The demand for cola will shift right.
B) The demand for cola will shift left.
C) The demand for cola will stay the same
D) One cannot tell
Correct Answer:
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Q4: The price of peanut butter rises due
Q4: My income rose and the price of
Q5: A new technology is announced which allows
Q6: A hailstorm kills all of the wheat
Q8: The real price of a product is
A)Its
Q10: Which is not true of market equilibrium?
A)All
Q11: If income rises
A)The demand curve will shift
Q12: The equilibrium price is the price
A)From which
Q13: A horizontal interpretation of the demand curve
Q26: If the number of suppliers in the
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