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

question 45

Multiple Choice

  -Consider the demand curves for soft drinks shown in the figure above. Suppose the economy is at point a. What of the following could result in a movement to point b? A)  an increase in the price of bottled water B)  a decrease in the price of bottled water C)  an increase in the opportunity cost of soft drinks D)  a decrease in the relative price of a soft drink
-Consider the demand curves for soft drinks shown in the figure above. Suppose the economy is at point a. What of the following could result in a movement to point b?


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