Exhibit 3-5 Supply for Tucker's Cola Data

Quantity supplied per week
(millions of gallons)

Price per
gallon

6

$3.00

5

2.50

4

2.00

3

1.50

2

1.00

1

.50

In reference to Exhibit 3-5, assume the price of Tucker's Cola is $1.00 per gallon. If the price were to rise to $3.00 per gallon, and all other factors, such as taxes, etc. remained constant, the result would be a(n):

Question

Exhibit 3-5 Supply for Tucker's Cola Data

Quantity supplied per week (millions of gallons)	Price per gallon
6	$3.00
5	2.50
4	2.00
3	1.50
2	1.00
1	.50

In reference to Exhibit 3-5, assume the price of Tucker's Cola is $1.00 per gallon. If the price were to rise to $3.00 per gallon, and all other factors, such as taxes, etc. remained constant, the result would be a(n):

Quizplus · Accepted Answer

The table shows that as the price per gallon increases, the quantity supplied also increases, indicating a direct relationship between price and quantity supplied.