Suppose that two recent studies conclude that increased fiber in the diet does not reduce the risk of developing colon cancer as was previously thought. The likely result will be that the:
A)quantity demanded of high-fiber foods will fall.
B)demand for high-fiber foods will decrease.
C)supply of high-fiber foods will increase.
D)price of high-fiber foods will rise.

Question

Quizplus · Accepted Answer

If two recent studies conclude that increased fiber in the diet does not reduce the risk of developing colon cancer as was previously thought, it is likely that people will perceive high-fiber foods as less important for their health. Therefore, the demand for high-fiber foods will decrease. However, it is not likely that the quantity demanded will fall because people may still consume some level of high-fiber foods for other health benefits or taste preferences. The supply of high-fiber foods may not necessarily increase as a result of this news, and the price of high-fiber foods is also less likely to rise as a result of decreased demand.

Suppose That Two Recent Studies Conclude That Increased Fiber in the Diet