Question

2.A recent study conducted at the Jack Daniels Institute for Advanced Studies determined that consumption of beets is beneficial in reducing hangover symptoms. Using simple supply and demand analysis you predict that when the findings are published:

The equilibrium beet price will rise and quantity will fall.
The equilibrium beet price will fall and quantity will rise.
The equilibrium beet price will fall and quantity will remain constant.
The equilibrium beet price will rise and quantity will rise.
The equilibrium beet price will fall and quantity will fall.