Suppose the American Medical Association announces that men who shave their heads are less likely to die of heart failure.We could expect the current demand for

Question

Quizplus · Accepted Answer

The announcement suggests that shaving one's head reduces the risk of heart failure, which is unrelated to the demand for hair gel, combs, or shampoo. However, it is reasonable to expect that the demand for razors would increase as more men may want to try shaving their heads in hopes of reducing their risk of heart failure.

Suppose the American Medical Association Announces That Men Who Shave