Olive oil producers can now sell more olive oil at a higher price. Which of the following events would have this effect?

Question

Quizplus · Accepted Answer

If research finds that consumption of olive oil reduces the risk of heart disease, it will increase the demand for olive oil. This will allow the producers to sell more olive oil at a higher price. The other options, such as increase in the price of olive oil presses or land used to plant olives, or decrease in the cost of transporting olive oil to markets, do not have a direct impact on the demand for olive oil, hence will not have the same effect.

Olive Oil Producers Can Now Sell More Olive Oil at a Higher