-Consider the Figure Above Showing Supply Curves for Soft Drinks

question 359

Multiple Choice

-Consider the figure above showing supply curves for soft drinks. Suppose the economy is at point
A.A movement to point d would be the result of

• A) an increase in the number of soft drink suppliers.
• B) an increase in technology.
• C) a decrease in the relative price of a soft drink.
• D) an increase in the relative price of a soft drink.

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