Learning Path
Question & Answer
Choose the Best Answer
The demand curve for organic foods will shift to the right.
The demand curve for organic foods will shift to the left.
The demand for organic foods will decrease at all price levels.
The demand for organic foods will remain unchanged.
Understanding the Answer
Let's break down why this is correct
When a trend makes people like organic foods more, more people want to buy them at every price. Other options are incorrect because Some think a new trend might make people less interested, but that would lower demand, not raise it; The idea that demand drops at every price is a misunderstanding.
Key Concepts
Shifts in Demand Curve
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Deep Dive: Shifts in Demand Curve
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Definition
Shifts in the demand curve occur when factors other than price influence the quantity of a product demanded at each price level. Changes in consumer income, tastes, fashion trends, and prices of related goods can shift the demand curve either outward (increase in demand) or inward (decrease in demand).
Topic Definition
Shifts in the demand curve occur when factors other than price influence the quantity of a product demanded at each price level. Changes in consumer income, tastes, fashion trends, and prices of related goods can shift the demand curve either outward (increase in demand) or inward (decrease in demand).
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