Tv news shows that eating garlic reduces the risk of heart attack.  Write the impact of this on the demand for garlic

Q: how does this impact the demand

A: In economics, the term "demand" refers to a consumer's willingness to pay a specific price for goods…

Q: Find an article in The Wall Street Journal or The Economist that was published after 12/1/23…

A: Market equilibrium occurs in a market when the quantity of a good or service demanded by buyers…

Q: If the price of X decreases and this decreases the demand for Y, then

A: If the quantity demanded of a commodity decrease due to change in the price of another commodity is…

Q: what is a scenario in which the consumer faces a shortage of a good due to high demand. Explain how…

A: The objective of the question is to understand a scenario where a consumer faces a shortage of a…

Q: will the demand for online paid tv increase in the future ?

A: Pay-TV or paid TV is a subscription-based television service which means a television service that…

Q: Analyze the factors that would determine the impact of a price increase on the consumption of…

A: According to law if demand, there is inverse relationship between price and quantity demanded . But…

Q: Draw a supply and demand curve for your favorite product. You get a massive raise at work, what…

A: ANS A massive raise at work will increase the income earned by the consumer as a result the consumer…

Q: What do you think Is the relationship between price and quantity supplied?

A: Quantity supplied refers to the amount of good to be supplied by the producer or supplier at a…

Q: Draw a supply and demand curve for peanut butter. The price of jelly rises significantly, what…

A: Complementary Goods:  Complementary goods are those goods which used together. If the price of one…

Q: For an inferior good, the quantity demanded

A: Demand for inferior goods are depending upon consumer's income.

Q: Use willingness to pay and willingness to sell to determine supply anddemand at a given price

A: The maximum price that the buyer is ready to pay for a unit of commodity rather than go without it…

Q: What are the factors affecting the demand for processed foods?

A: Demand may be defined as the number of customers who are ready, willing, and able to purchase a…

Q: Create a Graphical Presentation of the Demand Curve and give Interpretations

A: Demand for the good refers to the quantity of the good which consumers want to purchase at different…

Q: Cheese and buns are comements. What will happen if cheese becomes less expensive?

A: Definition of Complementary goods : These are jointly demanded goods.

Q: effective demand

A: Demand shows the relationship between the price and quantity demanded of a commodity at a particular…

Q: Explain the two types of demand.

A: # Demand is closely related to the wants and the needs of the consumers in an economy. It is one of…

Q: What happen if Demand of petrol is higher than Supply. Make answer in 1 paragraph

A: Equilibrium refers to a situation of rest where the market forces coincide which each other and…

Q: What aspects of the market for digital cameras are influencing it?

A: Digital cameras are in high demand. The digital camera market is very cutthroat because of…

Q: What does supply and demand determine in the home pricing market

A: Supply and demand are the basic concepts of microeconomics, market conditions depend on supply and…

Q: Suppose Pepsi and coke are substitutes. A fall in the price of Pepsi will cause

A: Related goods are of two types:-substitute goods and complements. Substitutes goods are those goods…

Q: Suppose that the equilibrium price of french fries rises while the equilibrium quantity falls. The…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: What is consumerism?

A: For explaining consumerism ,we can define as : A consumer uses the goods and services produced in…

Q: If the demand for airline traveling increases,   Group of answer choices   The demand for flight…

A: Demand refers to the number of people who are willing and able to acquire items at different prices…

Q: Difference between expansion of demand an increase in demand?

A: Expansion of demand and an increase in demand are two different concepts.

Q: How does the demand curve look like? Graph it.

A: Demand curve representation of the law of demand, depicts how much quantity of commodity is demanded…

Q: what causes an increase in demand?

A: Demand is referred to be as the requirement or desire for a perticular good or service.

Q: Give one reason for decrease in supply of a good

A: Decrease in supply depicts change in "supply" and not quantity supplied. The decrease in supply is…

Q: Explain how the equilibrium, or market, the price of a product is examined.

A: Equilibrium is known as the state of balance, the state of rest from where there is no tendency to…

Q: Explain all the reasons why a decrease in a product’s price would lead to an increase in purchases.

A: Demand for a commodity is based on the desire to have that commodity backed by the ability to pay…

Q: The difference between the price a consumer is willing to pay for a product and the price the…

A: Consumer surplus is the benefit that a buyer gets from purchasing a goods and services measured by…