Use the Figure Below to Answer the Following Questions

question 48

Multiple Choice

Use the figure below to answer the following questions.
Table 3.5.2
-Refer to Table 3.5.2.Professor Hyper publishes a new study, showing that coffee raises the test performance of students.Students double their demand for coffee and the quantity of coffee demanded at each price doubles.The new equilibrium price is $ _______, and the new equilibrium quantity is _______ cups a day.

• A)1.50; 1,600
• B)1.40; 1,400
• C)1.20; 1,000
• D)1.30; 1,200
• E)2.20; 800

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