Multiple Choice
Several studies have shown promising links between green tea consumption and cancer prevention.How will this affect the market for green tea?
A) The quantity of green tea demanded will increase because of a change in tastes in favour of green tea.
B) The green tea demand curve will shift to the right because of a change in tastes in favour of green tea.
C) The green tea demand curve will shift to the left because this new information will increase the price of green tea.
D) The quantity of green tea demanded will decrease because this new information will increase the price of green tea.
Correct Answer:
Verified
Correct Answer:
Verified
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