Suppose that consumers learn that eating apples can significantly reduce a person's chance of getting cancer.Comment on what the apple producers would notice in terms of their marginal cost verses marginal revenue.In the short-run,what would you expect them to do and what would happen to the market price and quantity produced.In the long-run what do you expect would happen to the market price and quantity?

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The Answer of Suppose that consumers learn that eating apples can significantly reduce a person's chance of getting cancer.Comment on what the apple producers would notice in terms of their marginal cost verses marginal revenue.In the short-run,what would you expect them to do and what would happen to the market price and quantity produced.In the long-run what do you expect would happen to the market price and quantity?

Suppose That Consumers Learn That Eating Apples Can Significantly Reduce