All Shredded Wheat Producers Have Decided to Add a New

question 392

Multiple Choice

All shredded wheat producers have decided to add a new ingredient to shredded wheat, the "crunch enhancer." Crunch enhancer keeps cereals crisper longer in milk and, as a result, consumers decide they like shredded wheat more than before. What happens to the supply and demand curves for shredded wheat now that is costs more to produce and consumers like it better?

• A) The supply and demand curves both shift rightward.
• B) The supply curve shifts rightward and the demand curve doesn't shift.
• C) The supply curve shifts leftward and the demand curve shifts rightward.
• D) The supply curve shifts leftward and the demand curve doesn't shift.

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Definitions:

Night Feeding

The act of feeding an infant or young child during the nighttime hours, which can affect their sleep patterns and overall nutrition.

Sporadic Sleep Patterns

Irregular sleep habits that do not follow a consistent pattern.

REM Sleep

A phase of sleep characterized by rapid eye movements, more dreaming and bodily movement, and faster pulse and breathing.

Circadian Rhythms

Biological processes that occur in a regular, 24-hour cycle, affecting various bodily functions including sleep, hormone production, and metabolism.