In a market economy, a significant change in consumers' desire for product X will

A) alter the profits or losses received by suppliers of product X.
B) cause a reallocation of scarce resources.
C) cause some industries to expand and others to contract.
D) do all the things mentioned in the other answers.

Significant Change

An alteration that has a major impact on a company, industry, or market, often requiring adjustments to operations or strategies.

Consumers' Desire

The willingness or inclination of consumers to purchase goods and services based on their preferences and needs.

Allocation Of Resources

The process of distributing available resources among various competing needs or projects in an economy.