Solved

A Change in Consumer Tastes for Low-Carb Food and a Decrease

Question 66

Multiple Choice

A change in consumer tastes for low-carb food and a decrease in their preferences for low-fat meals does not lead to which of the following?


A) An inward shift of the demand curve for low-fat meals
B) An outward shift of the demand curve for low-carb food
C) An increase in the amount of resources used to produce low-carb food
D) A decrease in the amount of resources used to produce low-fat meals
E) A reduction in the value of resources used in low-carb food

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions