Several research studies were published lately that documented the health benefits of a certain grain.Which of the following is the most likely economic result of these findings?

Question

Quizplus · Accepted Answer

If the health benefits of a certain grain are documented in research studies, then it is likely that demand for that grain will increase as consumers seek to improve their health. The increase in demand will likely result in an increase in the price of the grain as well, assuming supply does not increase significantly to meet the new demand. Therefore, the most likely economic result of these findings is an increase in demand and the price of the grain.

Several Research Studies Were Published Lately That Documented the Health