Imagine that you are analyzing the soda market and that, coeteris paribus, there is an increase in income. In this case: a. The demand curve will...

Imagine that you are analyzing the soda market and that, coeteris paribus, there is an increase in income. In this case:


a. The demand curve will have a negative shift.
b. The supply curve will have a positive shift, as income is a determinant of supply.
c. Both the demand curve and the supply curve will remain intact, as there will be movement along them.
d. The demand curve will shift to the right.
e. The demand curve will shift to the left and prices and quantities will