An April 2014 study by researchers at University College London found that people who ate seven or

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An April 2014 study by researchers at University College London found that people who ate seven or more portions of fruits and vegetables a day had a \(42 \%\) lower risk of death at any point in time compared to those who ate less than one portion. The research also showed that vegetables have significantly higher health benefits than fruits (UCL News, 2014; Oyebode et al., 2014). Use a diagram to show what would happen to equilibrium price and quantity if consumers followed that advice and increased their daily consumption of vegetables. Illustrate as well how consumer surplus and producer surplus would change.

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Microeconomics

ISBN: 9781292215624

8th Global Edition

Authors: Jeffrey Perloff

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