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billyhilly billyhilly
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5 years ago

Question 1.

The quantity demanded of Coca Cola has increased. The best explanation for this is that



▸ the price of Pepsi has decreased.

▸ Coca Cola has instituted a new, successful advertising campaign.

▸ the price of Coca Cola has decreased.

▸ Coca Cola consumers had an increase in income.

Question 2.

A change in the ________ leads to a change in demand that causes a ________.



▸ price of other goods; shift in the demand curve

▸ price of other goods; movement along the demand curve

▸ price of the original product; shift of the demand curve

▸ price of the original product; shift of the demand curve and a movement along the new demand curve
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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sadeensadeen
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5 years ago
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billyhilly Author
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#2
5 years ago
Thanks
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