If Buyers Now Wanted to Purchase Larger Quantities of a Soft

question 289

Multiple Choice

If buyers now wanted to purchase larger quantities of a soft drink,what do we know about its demand curve

• A)The demand curve for soft drinks would shift to the left.
• B)We would move down the demand curve for soft drinks.
• C)The demand curve for soft drinks would shift to the right.
• D)We would move up the demand curve for soft drinks.

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Definitions:

Restrain Trade

Practices that limit competition or control market prices, often viewed as contrary to free-market operations.

Antitrust Laws

Legislation enacted to prevent anti-competitive practices, promote fair competition, and protect consumers from monopolies and cartels.

Illegal

Activities or actions that are forbidden by law and subject to criminal penalties or fines.

Fixing Prices

Illegally setting the price of goods or services, rather than allowing them to be determined naturally through free-market competition.