Multiple Choice
Teenagers drink more soda than other age groups. If the number of teenagers increases, everything else remaining the same,
A) there is a movement along the market demand curve for soda.
B) market demand for soda increases.
C) market demand for soda does not change.
D) market demand for soda decreases.
E) None of the above answers is correct because the effect on the demand depends whether the supply curve shifts rightward, leftward, or not at all.
Correct Answer:
Verified
Related Questions
