Coca-Cola Demand Worksheet

9. Suppose now your income doubles. How would this affect your answers to questions (1) to (5)?

The number of  cans I can buy would increase, thus increasing the quantity demand and in cases that the price are reduces or increases the effect on the average consumption wouldn't be effect as much.

10. What has happened to the curve now your income has doubled?

Since the income has been doubled the quantity demanded would increases as well, but not to the point of being  double. In relation to the demands, the prices which could rises due to higher demand. this would make the curve even wider due to the higher value in demand.

11. Suppose a survey shows that drinking coke causes young people to sweat more and have a greater chance of getting spots! How would this affect your answers to questions (1) to (5)?

This would make the demand falls due to healthcare of young people and adult.

12. What has happened to the curve as a result of this survey? 

The curve would stop curving and will start descending as the price drops in relation to the falling demand.