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

Answer: (A)

Verified step by step guidance

1. Identify the key change in consumer preferences: Consumers now prefer juicing over blending.
2. 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.
3. 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.
4. Consider the supply side: Since the problem does not mention any changes in production costs or technology, the supply curve remains unchanged.
5. 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.