Studies have shown links between calcium consumption and a reduction in osteoporosis. How does this affect the market for calcium?
A) The calcium demand curve shifts to the right because of a change in tastes in favor of calcium.
B) The calcium supply curve shifts to the right because of a change in tastes in favor of calcium.
C) The calcium supply curve shifts to the left because this new information will increase the price of calcium.
D) The calcium demand curve shifts to the left because this new information will increase the price of calcium.
A
You might also like to view...
Which of the following transactions represents a deficit in the current account of the US balance of payments?
a) the moscow capital investment corporation makes a loan to a US firm b) a US subsidiary exports raw materials to its french parent company c) US firms and individuals receive dividends on US investments in latin america d) US tourists in great britain purchase pounds sterling e) foreigners purchase US securities
In moving along a stable demand curve, which of the following is not held constant?
A. Price expectations B. Prices of complementary goods C. Price of the product for which the demand curve is relevant D. Consumer incomes