Consumers are told that the consumption of cauliflower will significantly reduce the risk of cancer. Which of these scenarios is likely to happen in the cauliflower market? A) The supply curve will shift to the right, causing the price of cauliflower to rise. B) The supply curve will shift to the right, causing the price of cauliflower to fall. C) The demand curve will shift to the right, causing the price of cauliflower to rise. D) The demand curve will shift to the left, causing the price of cauliflower to fall.

Consumers are told that the consumption of cauliflower will significantly reduce the risk of cancer. Which of these scenarios is likely to happen in the cauliflower market? A) The supply curve will shift to the right, causing the price of cauliflower to rise. B) The supply curve will shift to the right, causing the price of cauliflower to fall. C) The demand curve will shift to the right, causing the price of cauliflower to rise. D) The demand curve will shift to the left, causing the price of cauliflower to fall.

Microeconomics

13th Edition

ISBN:9781337617406

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter6: Elasticity

Section: Chapter Questions

Problem 10QP

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