26. Which of the following is a determinant of demand? A. Cost of production. B. Income. C. Technology. D. Number of suppliers. 27. If Pepsi and Coke are related products, then keeping other things constant, A. If the price of Pepsi increases, the demand for Coke increases. B. If the price of Pepsi increases, the demand for Coke decreases. C. If the price of Pepsi increases, the demand for Coke remains the same. D. Changes in the quantity demanded of Pepsi will not affect the demand for Coke. Price Quantity Demanded (CDs) Quantity Supplied (CDs) $10 150 8 20 120 6 40 90 4 60 60 IN 80 30 0 100 0 28. In the above table, at a price of $8 per unit, A. A surplus of 20 units will exist in the market. B. A surplus of 100 units will exist in the market. C. Consumers will continue to bid prices upward. D. A shortage of 80 units will exist in the market. 29. In the above table, at a price of $2 per unit, A. A shortage of 50 units will exist in the market. B. A surplus of 100 units will exist in the market. C. Consumers will continue to bid prices upward. D. A shortage of 80 units will exist in the market. 30. In the above table, what is the equilibrium price and the equilibrium quantity, A. $8, 120. B. $6, 40. C. $4, 60. D. $2, 80