Microeconomics - URGENT

profilePina21

What would happen to the supply or demand and price and quantity for Coca-Cola in the US in each
of the following scenarios?

Please determine what curve would shift if any and if it shifts to the right or left!

A. The price of sugar increases. 

B. The factories are destroyed by a tornado. 

C. The price of Coca-Cola increases by 15%. What would happen to the substitute Pepsi?

D. Your income increase by 10%. 

E. The price of Coca-Cola in the FUTURE will decrease. What happens to supply or demand right now. 

    • a year ago
    • 8
    Answer(1)

    Purchase the answer to view it

    blurred-text
    • attachment
      Microeconomics.docx