After widespread press reports about the dangers of contracting "mad cow disease" by consuming beef from Canada, the likely economic effect on the U.S. demand curve for beef from Canada is:
A) no change; only the supply curve for beef is likely to be affected.
B) a shift of the demand curve for beef to the left.
C) a movement down along the demand curve for beef to the right.
D) a shift of the demand curve for beef to the right.

Question

Quizplus · Accepted Answer

The widespread press reports about the dangers of contracting "mad cow disease" from consuming beef from Canada would likely cause consumers to want to buy less Canadian beef at any given price, leading to a decrease in demand. This is represented by a shift of the demand curve for beef to the left.

After Widespread Press Reports About the Dangers of Contracting "Mad