As consumers become more health conscious, the price of potato chips
A) rises because there are many tasty alternatives to chips.
B) falls because supply decreases.
C) falls because demand decreases.
D) rises due to new cost-saving technologies.
E) rises because demand decreases.

Question

Quizplus · Accepted Answer

As consumers become more health conscious, there is a decrease in demand for potato chips. This leads to a decrease in price as producers may have to lower prices to increase demand.

As Consumers Become More Health Conscious, the Price of Potato