If a significant number of consumers switch from consuming traditional baked goods to consuming vegan baked goods, a vegan bakery will likely find its demand curve shifting to the ________ and its marginal revenue curve shifting to the ________ as more competitors enter the market.
A)right; right
B)right; left
C)left; right
D)left; left

Question

Quizplus · Accepted Answer

The Answer of If a significant number of consumers switch from consuming traditional baked goods to consuming vegan baked goods, a vegan bakery will likely find its demand curve shifting to the ________ and its marginal revenue curve shifting to the ________ as more competitors enter the market.
A)right; right
B)right; left
C)left; right
D)left; left

If a Significant Number of Consumers Switch from Consuming Traditional