1. (LO 5) Circle which of the following factors will lead to an increase in the demand for cranberry juice (which is a normal good).

a) A decrease in the price of cranberry juice

b) A decrease in the price of cranberries

c) The expectation by consumers that the price of cranberry juice is likely to increase

d) An increase in the price of apple juice

e) An increase in consumers’ average income

f) An improvement in the juicing process that lowers the cost of producing cranberry juice