Question

ccording to the example in the​ book, medical research has shown that grapefruit juice can adversely affect the effectiveness of certain medications. This is likely to affect the demand for grapefruit because
Part 2
A.
the prices of oranges will change.
B.
people will buy less grapefruit because their tastes and preferences have changed.
C.
people will buy less grapefruit because their incomes have increased.
D.
the number of grapefruit sellers will decrease.

Answer 1

According to the same example in the​ book, medical research has shown that grapefruit juice can reduce the effectiveness of certain medications.​ However, there is also evidence that grapefruit consumption can lower cholesterol in young people. The net effect on demand from these two findings
Part 4
A.
will be a decrease in demand as people buy less grapefruit.
B.
will be an increase in demand as people buy more grapefruit.
C.
will be a change in the price of oranges.
D.
cannot be determined because they have opposite effects on demand.

Answer 2

B. people will buy less grapefruit because their tastes and preferences have changed.

Answer 3

D. cannot be determined because they have opposite effects on demand.