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

question 230

Multiple Choice

-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 d?

• A) a decrease in the price of bottled water
• B) a decrease in the relative price of a soft drink
• C) an increase in the relative price of a soft drink
• D) a decrease in income

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