question archive The news that oats can help reduce cholesterol has caused people to prefer to eat more oats
The news that oats can help reduce cholesterol has caused people to prefer to eat more oats
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The news that oats can help reduce cholesterol has caused people to prefer to eat more oats. This change in preference would be expected to cause the demand curve for oats to shift to the right, and equilibrium price and quantity of oats to increase. If the price of oats increases, what effects might be felt in other markets, and why?
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