With a newspaper headline suggesting additional health benefits from eating apples, based on the change in demand in the apple market, price and quantity will change in what ways?

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27-06-2022
Business

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With a newspaper headline suggesting additional health benefits from eating apples, based on the change in demand in the apple market, price and quantity will change in what ways?

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ProfChris1 ProfChris1 · Answer 1 · 2022-06-28T13:18:37+02:00

We can actually deduce here that based on the change in demand in the apple market, price and quantity will change in such a way that the price and quantity will increase.

What is change in demand?

Change in demand actually refers to the way that the demand on goods and services change as result of price increment or decrease or other factors.

We see that if the demand for apples increase as a result of the additional health benefits, the price and quantity will also increase.

Learn more about change in demand on https://brainly.com/question/4371942

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