Refer to the Accompanying Figure

question 56

Multiple Choice

Refer to the accompanying figure. Suppose the solid line shows the current demand for coffee. In response to a news story explaining that coffee causes heart disease, you should expect:

• A)the quantity of coffee demanded to decrease, but no shift in the demand curve.
• B)the demand curve to shift to D(A)because some people will stop drinking coffee.
• C)the demand curve to shift to D(
• B)in anticipation of higher future prices.
• D)neither a change in quantity demanded nor a shift in demand.

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Definitions:

Economic Status

The social standing or class of an individual, group, or area based on factors like income, education, and employment.

Mental Illness

Refers to a wide range of mental health conditions that affect mood, thinking, and behavior, such as depression, anxiety disorders, schizophrenia, and bipolar disorder.

Correlation

A statistical measure that expresses the extent to which two variables change together.

Causation

The action or process of causing something to happen or exist.