Which of the following would cause an increase in the demand curve for oranges?
A)a freeze in Florida (a major orange producing state)
B)a new machine that allows orange growers to harvest oranges faster
C)a decrease in the price of apples
D)an announcement by the FDA that oranges lowers cholesterol

Question

Which of the following would cause an increase in the demand curve for oranges?
A)​a freeze in Florida (a major orange producing state)
B)​a new machine that allows orange growers to harvest oranges faster
C)​a decrease in the price of apples
D)​an announcement by the FDA that oranges lowers cholesterol

Quizplus · Accepted Answer

An announcement by the FDA that oranges lowers cholesterol would increase the demand for oranges as consumers will perceive them to be healthier and beneficial for their health. The other options (a freeze in Florida, a new machine for harvesting oranges faster, and a decrease in the price of apples) are either irrelevant or would lead to a decrease in the demand curve for oranges.

Which of the Following Would Cause an Increase in the Demand