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by linuxsar201 on February 26th, 2007

linuxsar201

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Help answer this question below.

If the price of Pepsi increases, then there will be ________ of pepsi.
a. a decrease in the supply
b. a decrease in the quantity supplied
c. an increase in the quantity supplied
d. an increase in the supply

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Answers. 5 helpful answers below.

  • by Azraff on February 26th, 2007

    Azraff

    Wouldn't the supply and demand stay the same or increase slightly? All the addicts aren't going to give up their Pepsi over a liitle price increase, or they would have a long time ago.

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  • by 8 Jan 2004-10 Dec 2009 on February 26th, 2007

    8 Jan 2004-10 Dec 2009

    Theoretically, B; the increase in price will reduce demand thus reducing the quantity supplied since Pepsi will not want to make unsold product with a shelf-life.

    In the really real world, E; there will be an increase in Pepsi's revenue. Depending on the manufacturing and distribution costs this may or may not mean an increase in profits though. If the price increase is merely enough to cover, say, the increased cost of fuel for the delivery trucks, then profits will remain constant.

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  • by migarce on April 3rd, 2007

    migarce

    Neither. The increase of price will disminish the quantity demanded.

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  • by thinkin on February 26th, 2007

    thinkin

    E. People would buy it no matter what the cost it is just something new to b**ch about like smokes or gas.

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  • by Christopher_A967 on March 13th, 2012

    Christopher_A967

    c.

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