The Table Given Below Reports the Quantity Demanded of a Good

question 94

Multiple Choice

The table given below reports the quantity demanded of a good by individuals 1, 2, and 3 at different prices.Table 3.1

-Other things remaining the same, if a large part of the population decided against having soda for health reasons, there would be a(n) :

• A)increase in the quantity of soda supplied.
• B)increase in the quantity supplied of complements like fries and burgers.
• C)decrease in the price of soda.
• D)rightward shift of the demand curve for soda.
• E)decrease in the quantity demanded of substitutes like mineral water.

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Definitions:

Disinfectants

Disinfectants are chemical agents used to eliminate or reduce harmful microorganisms on surfaces, in water, or in the air, to prevent infection and disease spread.

Hydrogen

A chemical element with the symbol H and atomic number 1, notable for being the lightest and most abundant element in the universe.

Oxygen

A chemical element with the symbol O and atomic number 8, essential for respiration in most terrestrial life forms and used in various industrial applications.

Capacity Constraint

A limit to the amount of goods or services that can be produced or provided due to physical or resource limitations.