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

question 406

Multiple Choice

-Consider the demand curves for soft drinks shown in the figure above. Initially the economy is at point a. If people come to expect that the price of a soft drink will increase in the future, there will be a movement to a point such as

• A) none of the points illustrated.
• B) b.
• C) c.
• D) d.

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