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If there is a decrease in the price of corn syrup, what happens in the market for soft drinks?
If there is a decrease in the price of corn syrup, what happens in the market for soft drinks? A. an increase in the quantity supplied of soft drinks b. a decrease in quantity demanded of soft drinks c. a decrease in the demand for soft drinks d. a decrease in the supply of soft drinks e. an increase in the supply of soft drinks 8. Which of the following statements is true? A. An increase in demand leads to an increase in price and quantity. B. An increase in quantity demanded leads to an increase in price and quantity. C. An increase in demand leads to a decrease in price and an increase in quantity. D. A decrease in supply leads to a decrease in price and an increase in quantity. E. An increase in quantity supplied leads to a decrease in price and an increase in quantity.
