Solved

Refer to the Above Diagram, Which Shows Three Supply Curves

Question 91

Multiple Choice

  Refer to the above diagram, which shows three supply curves for corn.Which of the following would cause the change in the supply of corn illustrated by the shift from S<sub>1</sub> to S<sub>3</sub>? A) a decrease in the price of fertilizer B) an increase in the price of irrigation equipment C) an increase in consumer incomes D) a change in consumer tastes in favour of cornbread Refer to the above diagram, which shows three supply curves for corn.Which of the following would cause the change in the supply of corn illustrated by the shift from S1 to S3?


A) a decrease in the price of fertilizer
B) an increase in the price of irrigation equipment
C) an increase in consumer incomes
D) a change in consumer tastes in favour of cornbread

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions