If consumers discovered that the product had a negative effect on health, how would the likely response be reflected in the graph? a. Neither curve would shift. b. The demand curve would shift to the right. c. The demand curve would shift to the left. d. The supply curve would shift to the left.
If consumers discovered that the product had a negative effect on health, how would the likely response be reflected in the graph? a. Neither curve would shift. b. The demand curve would shift to the right. c. The demand curve would shift to the left. d. The supply curve would shift to the left.
Microeconomics A Contemporary Intro
10th Edition
ISBN:9781285635101
Author:MCEACHERN
Publisher:MCEACHERN
Chapter4: Demand, Supply, And Markets
Section: Chapter Questions
Problem 6QFR
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If consumers discovered that the product had a negative effect on health, how would the likely response be reflected in the graph?
a. Neither curve would shift.
b. The demand curve would shift to the right.
c. The demand curve would shift to the left.
d. The supply curve would shift to the left.
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