Cost of aluminium utilized by soft drinks companies increase

Reference no: EM13684350

Suppose that the cost of aluminium utilized by soft drinks companies increases.

Indicate which of the following statements describing the resulting effects in the market for soft drinks distributed in aluminium cans are true or false

1. The demand for soft drinks decreases __

2. The quantity of soft drinks demanded decreases ___

3. The supply of soft drinks decreases____

4. The quantity of soft drinks supplied decreases. ____

Reference no: EM13684350

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