-Consider the demand curves for soft drinks shown in the figure above. Suppose the economy is at point a. Which of the following could result in a movement to point c?

Question

Quizplus · Accepted Answer

A movement from point a to point c on a demand curve typically represents an increase in quantity demanded. This can occur due to a decrease in the relative price of the good in question, in this case, a soft drink. Decreasing the price of a soft drink makes it more attractive relative to other goods, leading consumers to buy more of it.

-Consider the Demand Curves for Soft Drinks Shown in the Figure