Teenagers drink more soda than other age groups.If the number of teenagers increases,everything else remaining the same,
A) market demand for soda increases.
B) market demand for soda decreases.
C) market demand for soda does not change.
D) there is a movement along the market demand curve for soda.
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
Q85: People come to expect that the price
Q86: Q87: When moving along a demand curve,which of Q88: If the price of a DVD falls, Q89: A supply curve Q91: The supply schedule Q92: The law of supply reflects the fact Q93: The law of supply states that other Q94: Which of the following increases the quantity Q95: To be part of the supply for
i.the
A) slopes downward.
B) slopes upward.
C)
A) shows the relationship between
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