Use the following to answer question:
-(Figure: Shifts in Demand and Supply III)Use Figure: Shifts in Demand and Supply III.The figure shows how supply and demand might shift in response to specific events.Suppose scientists discover that eating asparagus slows the aging process.Which panel BEST describes how this will affect the market for asparagus?
A)Panel A
B)Panel B
C)Panel C
D)Panel D

Question

Use the following to answer question: 
-(Figure: Shifts in Demand and Supply III)Use Figure: Shifts in Demand and Supply III.The figure shows how supply and demand might shift in response to specific events.Suppose scientists discover that eating asparagus slows the aging process.Which panel BEST describes how this will affect the market for asparagus?
A)Panel A 
B)Panel B 
C)Panel C 
D)Panel D

Quizplus · Accepted Answer

Panel A best describes the effect on the market for asparagus because the discovery that eating asparagus slows the aging process would increase consumer demand for asparagus, shifting the demand curve to the right.

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