Answer to Question #224504 in Economics of Enterprise for Sayu

Question

Expalin how influence market /price regarding the surgeon general announce that eating oranges lowers the risk of heart attack

Answer 1

Solution:

When the surgeon announces that, eating oranges lowers the risk of heart attack, the demand for oranges will increase since most people will be seeking them for health purposes. This will ultimately increase the oranges prices, which will lead to an increase in oranges supplied in the market.