Microeconomics (7th Edition)
Microeconomics (7th Edition)
7th Edition
ISBN: 9780134737508
Author: R. Glenn Hubbard, Anthony Patrick O'Brien
Publisher: PEARSON
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Chapter 3, Problem 3.4.15PA

The following four graphs represent four market scenarios, each of which would cause either a movement along the supply curve for premium bottled water or a shift of the supply curve. Match each scenario with die appropriate graph.

Chapter 3, Problem 3.4.15PA, The following four graphs represent four market scenarios, each of which would cause either a

a. A decrease in the supply of sports drinks

b. A drop in the average household income in the United States from $56,000 to $52,000

c. An improvement in die bottling technology for premium bottled water

d. An increase in the prices of electrolytes used in premium bottled water

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