Question 5 1 pts If a change in consumer preferences results in many more consum

Question

Question 5 1 pts If a change in consumer preferences results in many more consumers registering their "dollar votes" in favor of peaches, which of the following will most likely follow? O Profits of peach growers will rise and peach production will rise Profits of peach growers will rise and peach production will fall Profits of peach growers will fall and peach production will rise O Profits of peach growers will fall and peach production will fall DQuestion 6 1 pts The market system is characterized by O widespread use of government price controls hprivate property rights limited use of capital goods O centralized decision-making Question 7 1 pts

Explanation / Answer

Question (5) Answer profits of peach growers will rise and peach production will rise

Question (6) Answer private property rights

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