Let D= demand, S = supply, P = equilibrium price, and Q= equilibrium quantity
What happens in the market for walnuts if the Centers for Disease Control and Prevention announces that consuming a half cup of walnuts each week helps to lower levels of bad cholesterol?
A) S increases, D no change, P decreases, Q increases.
B) D increases, S no change, P and Q increase.
C) D no change, S increases, P decreases, Q decreases.
D) D and S increase, P and Q decrease.
B
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