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26 Mar 2018
Assume the cost of aluminum used by soft-drink companies increases. Which of the following correctly describes the resulting effects in the market for canned soft drinks?
I. The demand for soft drinks decreases.
II . The quantity of soft drinks demanded decreases.
III . The supply of soft drinks decreases.
IV. The quantity of soft drinks supplied decreases.
A. III and IV
B. I and IV
C. III only
D. IV only
Assume the cost of aluminum used by soft-drink companies increases. Which of the following correctly describes the resulting effects in the market for canned soft drinks?
I. The demand for soft drinks decreases.
II . The quantity of soft drinks demanded decreases.
III . The supply of soft drinks decreases.
IV. The quantity of soft drinks supplied decreases.
A. III and IV
B. I and IV
C. III only
D. IV only
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Deanna HettingerLv2
28 Mar 2018