Which of the following will cause the price of beer to rise?

A) A shift to the right in the demand curve for beer
B) A shift to the left in the supply curve of beer
C) both A and B
D) none of the above

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded by consumers, usually downward-sloping to indicate that demand decreases as price increases.

Supply Curve

The supply curve is a graphical representation showing the relationship between the price of a good and the quantity of the good that producers are willing and able to supply in the market.

Price of Beer

The amount of money required to purchase a unit of beer, influenced by factors such as production costs, taxes, and market demand.