All else equal, a successful marketing campaign for energy drinks would cause the equilibrium price of energy drinks to ________ and the equilibrium quantity of energy drinks to ________.
A)increase; increase
B)increase; decrease
C)decrease; increase
D)decrease; decrease

Question

Quizplus · Accepted Answer

A successful marketing campaign would increase demand for energy drinks, shifting the demand curve to the right. This would cause the equilibrium price to increase and the equilibrium quantity to increase as well.

All Else Equal, a Successful Marketing Campaign for Energy Drinks