Answer:
c. The price of teddy bears decreases to $4 because of a demand shift.
Explanation:
The options to this question weren't provided. Here are the options:
. The price of teddy bears increases to $7 because of a supply shift.
b. The price of teddy bears decreases to $4 because of a supply shift.
c. The price of teddy bears decreases to $4 because of a demand shift.
d. The price of teddy bears increases to $7 because of a demand shift.
e. The price of teddy bears increases to $7 because of both a demand shift and a supply shifts
As a result of the study, people would be unwilling to buy teddy bears. As a result, demand for teddy bears would fall. This would lead to an inward shift of the demand curve. Quantity and price would fall.
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