Multiple Choice
If the demand curve for bran muffins has shifted out due to a medical study that indicates that regular consumption of bran lowers cholesterol,then we can conclude that there has been
A) A response to the increase demand for a complementary good
B) A change in consumer tastes
C) A reduction in the production costs of bran
D) An increase in consumer expectations
E) An improvement in the economy,resulting in higher incomes
Correct Answer:

Verified
Correct Answer:
Verified
Q46: The Following Questions Refer to the graph
Q47: The Law of Supply states that price
Q48: In the short run,an increase in demand
Q49: An increase in the supply of a
Q50: If there is a technological advance in
Q52: China's transition to a market orientation began
Q53: China's transitional economy is free of unemployment
Q54: A change in the quantity supplied of
Q55: A change in the price of automobiles
Q56: When there is an increase in both