-The Graph Illustrates the Supply of Soda

question 145

Multiple Choice

-The graph illustrates the supply of soda.If the price of soda rises from $0.50 a can to $1.50 a can,the quantity of soda supplied

• A) increases from 0 cans to 4,000 cans a day.
• B) decreases from 4,000 cans to 0 cans a day.
• C) remains unchanged because the supply increases not the quantity supplied.
• D) increases from 0 to 6,000 cans a day.
• E) remains unchanged because the supply decreases not the quantity supplied.

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Definitions:

Perpetual Inventory System

An inventory system that continuously tracks inventory levels and updates them after every purchase or sale, providing a real-time view of inventory.