Multiple Choice
Two studies published in the New England Journal of Medicine link the risk of breast cancer to alcohol consumption. Young women who have nine drinks per week were reportedly 150 percent more likely to develop breast cancer. Considering the market for alcohol, an economist would predict a movement
A) up the demand curve as quantity demanded falls.
B) up the supply curve as the demand curve shifts.
C) down the supply curve as the demand curve shifts.
D) down the demand curve as quantity falls.
Correct Answer:

Verified
Correct Answer:
Verified
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