Question

Identify which of the following scenarios is likely to shift the demand for wheat bread to the right. Instructions: You may select more than one answer. Click the box with a check mark for the correct answers and click twice to empty the box for the wrong answers. You must click to select or deselect each option in order to receive full credit.
The population of Arizona grows by 20%.
A drought in Kansas makes people behave that the price of wheat breed will increase in a couple of months.
People learn that certain bread additives may be bad for their health.
As people become more health conscious, they discover the benefits of whole wheel as a part of their diet.

Answer 1

Answer:

The population of Arizona grows by 20%.

(Demand will shift as a result of population increase, more people will be buying wheat).

A drought in Kansas makes people behave that the price of wheat breed will increase in a couple of months. (The fear of the drought will make people want to hoard and they will engage in panic buying of wheat bread).

As people become more health conscious, they discover the benefits of whole wheat as a part of their diet. (Due to health conciousness more people will buy more wheat).

Explanation:

Demand shift occurs as a result of other factors except for price. When demand shifts to the right there is an increase in quantity demanded.

If demand shifts to the left there is reduction in quantity demanded.

The attached diagram illustrates demand shift to the right.