doctors report that cassava is good for weight loss and diabetes. in additon, there are improved weather conditions which is beneficial for agriculture. which of the following statements is true? a. the equilibrium price will increase but the impact on the equilibrium quantity traded is uncertain.  b, both the equilibrim price and the quantity traded will increase c. the equilibrium quantity traded will increase but the impact on the equilibrium price is uncertain.  d. both the equilibrium price and quantity will fall

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter4: Demand, Supply, And Market Equilibrium
Section: Chapter Questions
Problem 25P
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doctors report that cassava is good for weight loss and diabetes. in additon, there are improved weather conditions which is beneficial for agriculture. which of the following statements is true?

a. the equilibrium price will increase but the impact on the equilibrium quantity traded is uncertain. 

b, both the equilibrim price and the quantity traded will increase

c. the equilibrium quantity traded will increase but the impact on the equilibrium price is uncertain. 

d. both the equilibrium price and quantity will fall

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