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Question 25 (1 point) Listen Consider the market for beer in the diagram below: 70 60 50 40 Price ($) 30 20 10 100 200
Question 25 (1 point) Listen Consider the market for beer in the diagram below: 70 60 50 40 Price ($) 30 20 10 100 200 300 400 500 600 700 800 Beer (millions of cases) Suppose demand shifts to the right by 100 million cases of beer. What would be the new equilibrium price and quantity of beer as a result of this increase in demand? O $55 and 550 million cases of beer O $60 and 600 million cases of beer $50 and 500 million cases of beer $65 and 500 million cases of beer Question 26 (1 point) Listen
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