In the market for Coke, which of the following can bring about an increase in the quantity demanded of Coke?   Question 14 options:   a)  an increase in the price of Pepsi, a substitute for Coke   b)  a decrease in the price of Coke   c)  a very effective advertising campaign by Coca-Cola   d)  an increase in income, assuming Coke is a normal good

Economics For Today
10th Edition
ISBN:9781337613040
Author:Tucker
Publisher:Tucker
Chapter3: Market Demand And Supply
Section: Chapter Questions
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In the market for Coke, which of the following can bring about an increase in the quantity demanded of Coke?
 

Question 14 options:

 

a) 

an increase in the price of Pepsi, a substitute for Coke
 

b) 

a decrease in the price of Coke
 

c) 

a very effective advertising campaign by Coca-Cola
 

d) 

an increase in income, assuming Coke is a normal good
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