Suppose that consumption of oat bran is found to reduce cholesterol and improve health.The result is that:

Question

Quizplus · Accepted Answer

The discovery that oat bran reduces cholesterol and improves health would increase the demand for oat bran, as consumers would seek out this product to benefit from its health properties. There is no reason to believe that the supply of oat bran would increase as a result of this discovery. Therefore, only option B is correct.

Suppose That Consumption of Oat Bran Is Found to Reduce