Answer to Question #229509 in Microeconomics for Lulu

Question #229509
Use diagram to illustrate the impact on the demand curve and the equilibrium price and quantity of sasko bread if there's an increase in consumer's taste for fat cakes
1
Expert's answer
2021-08-26T14:56:40-0400

If there was increase in Consumer's taste it means that the demand increased. Thus, the diagram representing the impact on the demand curve and the equilibrium price and quantity is shown as:



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