In response to an increase in demand for low-carb food, producers would
A) increase the quantity supplied.
B) reduce resources in order to conserve carbohydrates.
C) decrease supply of low-carb food.
D) advertise low-fat food to shift consumer preferences.
E) increase supply of low-carb food.

Question

Quizplus · Accepted Answer

When there is an increase in demand for a product, producers typically respond by increasing the quantity supplied to meet the higher demand and maximize profits.

In Response to an Increase in Demand for Low-Carb Food