객관식
In a standard demand model, how do non-price determinants (such as income, tastes, prices of related goods, and expectations) affect demand?
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3. Supply and Demand
Shifting Demand
객관식
What happens in the market for blenders if consumers decide that juicing their vegetables is better than blending their vegetables?
A
Demand shifts to the left
B
Demand shifts to the right
C
Supply shifts to the left
D
Supply shifts to the right
검증된 단계별 안내1
Identify the key change in consumer preferences: Consumers now prefer juicing over blending.
Understand the impact of this change on the demand for blenders: A preference for juicing implies a decrease in the demand for blenders, as fewer consumers want to blend their vegetables.
Apply the concept of demand shift: A decrease in demand is represented by a leftward shift of the demand curve in the market for blenders.
Consider the supply side: Since the problem does not mention any changes in production costs or technology, the supply curve remains unchanged.
Conclude the market effect: The primary effect is a leftward shift in the demand curve for blenders, leading to a decrease in both the equilibrium price and quantity of blenders in the market.
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