The table given below reports the quantity demanded of a good by individuals 1, 2, and 3 at different prices.Table 3.1

-Other things remaining the same, if a large part of the population decided against having soda for health reasons, there would be a(n):
A)increase in the quantity of soda supplied.
B)increase in the quantity supplied of complements like fries and burgers.
C)decrease in the price of soda.
D)rightward shift of the demand curve for soda.
E)decrease in the quantity demanded of substitutes like mineral water.

Question

The table given below reports the quantity demanded of a good by individuals 1, 2, and 3 at different prices.Table 3.1
 
-Other things remaining the same, if a large part of the population decided against having soda for health reasons, there would be a(n):
A)increase in the quantity of soda supplied. 
B)increase in the quantity supplied of complements like fries and burgers. 
C)decrease in the price of soda. 
D)rightward shift of the demand curve for soda. 
E)decrease in the quantity demanded of substitutes like mineral water.

Quizplus · Accepted Answer

A significant portion of the population deciding against having soda for health reasons would lead to a decrease in demand. This decrease in demand, with supply remaining constant, would likely result in a decrease in the price of soda to clear the excess supply.

The Table Given Below Reports the Quantity Demanded of a Good