Question

After hearing an announcement made by a major soft-drink company, the APCS Soft Drink Company has decided to hire you to write a similar program to run their next-generation soda machine (which is still being developed). The concept behind this machine is that people buy more soft drinks when the weather is hot; and they will pay higher prices for their soft drinks at those times. This is an example of how supply and demand influences prices.

Answer 1

Answer:

Yes

Explanation:

Yes, this concept is an example of supply and demand. When there is a limited supply of a product like the soft drinks in the vending machines then the price would match the number of people that want to buy the product. If in a very hot day more people want to buy a soft drink to cool down then the supply will begin to decrease as more people buy, this will create an increase in price as people would be ok with paying more money in order to be one of the lucky few to get one of the few soft drinks that are left.