The following four graphs represent four market scenarios, each of which would cause either a movement along
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The following four graphs represent four market scenarios, each of which would cause either a movement along the supply curve for Pepsi or a shift of the supply curve. Match each scenario with the appropriate graph.
a. A decrease in the supply of Coke.
b. A drop in the average household income in the United States from $52,000 to $50,000.
c. An improvement in soft drink bottling technology.
d. An increase in the prices of sugar and high-fructose corn syrup?
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