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71 Question 14 All shredded wheat producers have decided to add a new ingredient, the "crunch enhancer" to shredded wheat. Crunch Not yet Finish enhancer keeps cereals crisper longer in milk and, as a result, consumers decide they like shredded wheat more than before. answered What happens to the supply and demand curves for shredded wheat now that it costs more to produce and consumers like it Marked out of better? 1.000 P Flag a. The supply and demand curves both shift rightward. question b. The supply curve shifts rightward and the demand curve remains unchanged. O c. The supply curve shifts leftward and the demand curve shifts rightward. d. The supply curve shifts leftward and the demand curve remains unchanged. . e. Neither curve changes but a movement occurs up along the demand curve and a movement occurs up along the supply curve. Question 15 What would an early frost in the vineyards of the Okanagan Valley cause? Not yet answered O a. an increase in the demand for wine, increasing price Marked out of O b. an increase in the supply of wine, decreasing price 1.000 O c. a decrease in the demand for wine, decreasing price P Flag question O d. a decrease in the supply of wine, increasing price e. None of the above