Soft drinks and burgers are complements because they are consumed together. Suppose the price of cola has increased how it will alter the supply, demand, quantity supplied, quantity demanded and the price in the market for burgers? Explain numerically and graphically
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A demand curve shows the relationship between quantity demanded and price in a given market on a graph. The law of demand states that a higher price typically leads to a lower quantity demanded. A supply schedule is a table that shows the quantity supplied at different prices in the marked
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