Multiple Choice
Let D = demand, S = supply, P = equilibrium price, Q= equilibrium quantity. What happens in the market for walnuts if the Centers for Disease Control and Prevention announces that consuming a half cup of walnuts each week helps to lower bad levels of cholesterol?
A) D increases, S no change, P and Q increase
B) S increases, D no change, P decreases, Q increases
C) D and S increase, P and Q decrease
D) D no change, S increases, P decreases, Q decreases
Correct Answer:

Verified
Correct Answer:
Verified
Q44: In June, buyers of titanium expect that
Q59: If consumers believe the price of LCD
Q99: If consumers believe the price of hybrid
Q104: Danielle Ocean pays for monthly pool maintenance
Q109: "Because apples and oranges are substitutes, an
Q166: Nearly a quarter of China's 1.3 billion
Q229: Tomas increased his consumption of potato chips
Q273: If a decrease in income leads to
Q277: If in the market for bananas the
Q278: Figure 3-6 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4188/.jpg" alt="Figure 3-6