객관식
In the theory of shifts in the demand curve, how does an expected increase in the future price of a good affect the current demand for that good, holding all else constant?
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3. The Market Forces of Supply and Demand
Shifts in the Demand Curve
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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