Other things being equal, what impact does enhanced consumer information on the risk of colon cancer linked to red-meat consumption have on the equilibrium in the market for beef?

A. A decrease in both price and quantity;
B. An increase in price and decrease in quantity;
C. A decrease in price and an increase in quantity.
D. Not enough information is provided to answer this question;


Ans: A. A decrease in both price and quantity;

Economics

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