Question 27
MediumOriginal questionA health scare about a food product lowers what people want to buy at every price. Its demand curve
Show the answer and explanation
CorrectNot quiteAnswer C
Correct answer: C
Explanation
An unfavourable change in tastes lowers demand at each price: a leftward shift.
- Concept
- Tastes and a decrease in demand
- Typical timeTypical
- 70 s
- Your timeYours
- —
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