If Bottled Water Is Considered Substitutes for Soda, the Decline

question 170

Multiple Choice

If bottled water is considered substitutes for soda, the decline in the price of bottled water would, all else equal,

• A)increase the demand for soda.
• B)decrease the demand for soda.
• C)increase the quantity demanded for soda.
• D)decrease the quantity demanded for soda.

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