Exhibit 2A-6
-Exhibit 2A-6 shows the relationship between the price of sodas and the quantities that two families are willing to buy. Suppose that both families are willing to buy more sodas while the soda price remain constant. Which of the following is correct?
A)A shift of both curves to the right
B)A shift of both curves to the left
C)A shift of the curve for Family A to the right and a shift of the curve for Family B to the left
D)A shift of the curve for Family B to the right and a shift of the curve for Family A to the left
E)A movement along each of the two curves

Question

Exhibit 2A-6 
-Exhibit 2A-6 shows the relationship between the price of sodas and the quantities that two families are willing to buy. Suppose that both families are willing to buy more sodas while the soda price remain constant. Which of the following is correct?
A)A shift of both curves to the right 
B)A shift of both curves to the left 
C)A shift of the curve for Family A to the right and a shift of the curve for Family B to the left 
D)A shift of the curve for Family B to the right and a shift of the curve for Family A to the left 
E)A movement along each of the two curves

Quizplus · Accepted Answer

When both families are willing to buy more sodas while the price remains constant, it implies an increase in quantity demanded. This leads to a shift of both demand curves to the right, resulting in an increase in the market quantity demanded for soda at every price level. Therefore, the correct answer is (A) - a shift of both curves to the right.

Exhibit 2A-6 -Exhibit 2A-6 Shows the Relationship Between the Price of Sodas