Refer to the Provided Graph

question 183

Multiple Choice

Refer to the provided graph. Suppose consumers do not fully appreciate the benefits of the product whose market is shown in the graph. If an external agency is able to provide full information to
Consumers about the benefits of the product, then

• A) the supply curve will shift to the left.
• B) the demand curve will shift to the right.
• C) both the new equilibrium price and quantity will be lower.
• D) the new equilibrium price will be higher but the equilibrium quantity will be either higher or lower.

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Definitions:

Carotenoids

A class of pigments found naturally in plants, responsible for their yellow, orange, and red colors, and beneficial for human health.

Eye Exercises

Activities designed to improve vision or eye health, often used to correct or alleviate visual disturbances and eye strain.

Vitamins A

A group of fat-soluble retinoids important for vision, skin health, and immune function.

Pigmented Marks

Skin marks or spots that are darker than the surrounding area due to the overproduction of melanin.