Orange juice drinkers want to consume more orange juice at a lower price.Which of the following events would have this effect?

Question

Quizplus · Accepted Answer

A decrease in the price of orange juice processing would lead to a lower cost of production for orange juice. This may result in a decrease in the price of orange juice, which would encourage orange juice drinkers to consume more orange juice at a lower price. Option B is unlikely to have a direct impact on the price of orange juice as it increases the cost of production. Option C suggests a decrease in demand due to a decrease in income, which is not what the question asks for. Option D is irrelevant as it does not affect the price of orange juice.

Orange Juice Drinkers Want to Consume More Orange Juice at a Lower