Question

How will each of the following affect the demand for orange juice?

1) doctors recommend drinking apple juice
2) news reports about the benefits of orange juice for brain health
3) more people embrace a juice-free diet
4) more people use orange juice for increased energy and vitamin c

Answer 1

The demand for orange juice is affected by various factors such as health recommendations, media reports, diets, and consumer habits related to energy and nutrition intake.

Step-by-step explanation:

To analyze how each scenario will affect the demand for orange juice, we'll consider the substitution effect and the income effect: