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Author Question: Suppose scientists discover that eating soybeans prevents cancer and heart disease. Other things ... (Read 57 times)

anshika

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on: Jun 29, 2018
Suppose scientists discover that eating soybeans prevents cancer and heart disease. Other things constant,
 
  A) demand for soybeans will increase and soybean prices will fall.
  B) the price of soybeans will increase and demand will fall.
  C) demand and prices of soybeans will increase.
  D) the quantity demanded of soybeans will change, but demand will remain the same.

Question 2

The figure above shows the demand for fruit snacks. Which movement reflects how consumers would react to an increase in the price of a fruit snack that is expected to occur in the future?
 
  A) from point a to point e
  B) from point a to point b
  C) from point a to point c
  D) from point a to point d


jaykayy05

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

D


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