Multiple choice options: Question 10: Select 1: increase / decrease Select 2: demand / supply Select 3: increase / demand Select 4: increase / demand Question 17: Select 1: demand / supply Select 2: increase / decrease Select 3: left / right Select 4: increasing / decreasing / staying the same Select 5: increasing / decreasing / staying the same Question 18: Select #1-4: on / below / above / on and below / on and above Select #5-6: 5/6 / 6/5

D Question 10 Question 18 Assuming Sprite and 7-Up are substitutes, a lower price for Sprite would result in a(n) [ Select ] in [ Select ] Sam can make 24 cups of coffee or 20 cups of tea per hour. ~ for 7-Up. On a PPF diagram: This would cause the quantity of 7-Up to [ Select ] and the price to Efficient points will be [Select ] the PPF [ Select ] Inefficient points will be [ Select ] the PPF Question 17 Possible points will be [ Select ] to PPF What will happen in the market for bread if the price of flour decreases? Currently impossible points will be [ Select ] the PPF The [ Select ] of bread will [ Select ] The opportunity cost of a cup of coffee is [ Select ] a cup of tea. causing the curve to shift to the [ Select ] The opportunity cost of a cup of tea is [ Select ] ya cup of coffee. This will result in the quantity [ Select ] and the price [ Select ]