Suppose it is discovered that consumption of chocolate leads to a longer life. This information would lead to
A) an increase in quantity demanded of chocolate.
B) an increase in demand for chocolate.
C) a decrease in quantity demanded of chocolate.
D) a decrease in demand for chocolate.

Question

Quizplus · Accepted Answer

The discovery that consumption of chocolate leads to a longer life would increase the demand for chocolate as people would now see it as a beneficial and healthy product. This would result in an increase in the demand for chocolate, rather than a decrease. The quantity demanded may or may not increase depending on the price and other factors affecting it.

Suppose It Is Discovered That Consumption of Chocolate Leads to a Longer