In a market economy, what would happen to the price of apples if an influential scientific study said apples were bad for your health?

Question

The price would stay the same, and apples would be easy to find.

The price would go up, and apples would be hard to find.

The price would stay the same, and apples would be hard to find.

The price would go down, and apples would be easy to find.

Answer 1

If an influential scientific study said apples were bad for your health, the likely outcome in a market economy would be that the price of apples would go down, and apples would be easy to find. This is because negative information about a product typically reduces demand, leading to lower prices and potentially an oversupply in the market. Therefore, the correct answer is:

The price would go down, and apples would be easy to find.