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