Question

There is an increase in the number of adverts highlighting the danger of consuming sugar. Which of the following is likely to occur in the market for sugarless sweets, as a result of this?

Answer 1

Answer:

A.An increase in both price and equilibrium quantity traded.B.A decrease in price and an increase in equilibrium quantity traded.C.A decrease in both price and equilibrium quantity traded.D.An increase in price and a fall in equilibrium quantity traded.E.None of the above is likely to result