If corn products are found to cause cancer,then the most immediate effect will be that the
A)Supply curve for corn will shift right.
B)Supply curve for corn will shift left.
C)Demand curve for corn will shift left.
D)None of the choices are correct.

Question

Quizplus · Accepted Answer

If corn products are found to cause cancer, it will create negative publicity and decrease consumer demand for corn products, leading to a leftward shift in the demand curve. As a result, the demand for corn will decrease, causing farmers to reduce the supply, leading to a leftward shift in the supply curve as well.

If Corn Products Are Found to Cause Cancer,then the Most