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Author Question: The figure above shows the market for sports drinks. Consider this statement: regarding the figure: ... (Read 65 times)

Metfan725

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on: May 24, 2019



The figure above shows the market for sports drinks. Consider this statement: regarding the figure:

"If the price falls from $3 to $1 per bottle, quantity demanded changes from 10 to 25 bottles."

Which of the following states the same idea ?
◦ A change in quantity demanded can be shown as a movement from point A to B.
◦ As demand changes from January to June, demand will increase from 10 to 25 bottles.
◦ If the price changes from $1 to $3, 15 more bottles are demanded.
◦ A change in demand from June to January decreases the demand for sports drinks.
◦ As the price of sports drinks falls, demand decreases.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by Metfan725 on May 24, 2019

14vl19

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Metfan725

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

shewald78

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Reply 3 on: Yesterday
Wow, this really help

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