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The Following Questions Refer to the Graph Below

Question 38

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The Following Questions Refer to the graph below. The Following Questions Refer to the graph below.   -If the market starts in equilibrium with D<sub>1</sub> and S<sub>1</sub>,and the price of carbonated water (the main ingredient in Dr.Pepper) increases,the new equilibrium price and quantity are A) 13 and 55 B) 10 and 40 C) 10 and 65 D) 7 and 55 E) 10 and 55
-If the market starts in equilibrium with D1 and S1,and the price of carbonated water (the main ingredient in Dr.Pepper) increases,the new equilibrium price and quantity are


A) 13 and 55
B) 10 and 40
C) 10 and 65
D) 7 and 55
E) 10 and 55

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