Assume that the cost of aluminum used by soft drink companies increases. Which of the following correctly
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Assume that the cost of aluminum used by soft drink companies increases. Which of the following correctly describes the resulting effects in the market for soft drinks distributed in aluminum cans? (More than one statement may be correct.)
a. The demand for soft drinks decreases.
b. The quantity of soft drinks demanded decreases.
c. The supply of soft drinks decreases.
d. The quantity of soft drinks supplied decreases.
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