Refer to the figure below. Suppose that at the same time as the news report, you learn that the cost to feed your chickens has fallen. The news report and the change in feed cost will ________.





You are a farmer who raises chickens and sells the eggs. A recent news report announced that eggs have a positive health benefit of improving immunity systems in humans.



A) increase the equilibrium price of eggs, but more information is needed to determine the effect on the equilibrium quantity

B) increase the equilibrium quantity of eggs, but more information is needed to determine the effect on the equilibrium price

C) decrease the equilibrium quantity of eggs, but more information is needed to determine the effect on the equilibrium price

D) decrease the equilibrium price of eggs, but more information is needed to determine the effect on the equilibrium quantity


B) increase the equilibrium quantity of eggs, but more information is needed to determine the effect on the equilibrium price

Anthropology & Archaeology

You might also like to view...

The following term does not belong with Swartkrans

A. australopithecine. B. Taung. C. C.K. Brain. D. breccia.

Anthropology & Archaeology

In state societies and courts of regulation, laws are the outgrowth of shared values and norms

a. True b. False Indicate whether the statement is true or false

Anthropology & Archaeology

Brazil’s indigenous peoples have shown that they are unable to resist and adapt to demands imposed upon them from outside

a. True b. False

Anthropology & Archaeology

In certain limited respects, the lives of modern hunter-gatherers parallel the lives of prehistoric human groups

Indicate whether the statement is true or false

Anthropology & Archaeology