Suppose that a disease that affects people who consume beef has been discovered in the united states. one likely result is D)a decrease in demand for beef.
If both demand and supply are lower, consumers want to buy fewer and companies want to deliver less, so the output will fall. but, in view that consumers region a lower price on every unit, however, manufacturers are willing to supply each unit handiest at higher fees, the effect on fee will depend on the relative size of the 2 changes.
Factors that can shift the demand curve for goods and offerings, causing a distinct amount to be demanded at any given rate, consist of modifications in tastes, population, earnings, fees of replacement or complement goods, and expectancies approximately destiny conditions and prices.
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