Begin with the market for slushies in equilibrium. What will happen to demand if the price of sugar increases? Will the demand for slushies increase, decrease, or stay the same if the price of sugar increases?

Begin with the market for slushies in equilibrium. What will happen to demand if the price of sugar increases? Will the demand for slushies increase, decrease, or stay the same if the price of sugar increases?

Microeconomics

13th Edition

ISBN:9781337617406

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter3: Supply And Demand: Theory

Section3.3: The Market: Putting Supply And Demand Together

Problem 3ST

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Question

Begin with the market for slushies in equilibrium. What will happen to demand if the price of sugar increases? Will the
demand for slushies increase, decrease, or stay the same if the price of sugar increases?
A increase
B
decrease
stay the same

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