Multiple Choice
Suppose the price of tomatoes dramatically increases. Which of the following could cause this change?
A) Hurricanes during the late summer damage the Florida crop, shifting supply left
B) A reduction in tariffs of tomatoes from Central American, shifting supply right
C) A news report stating that a pesticide used on tomatoes might cause cancer, shifting the demand to the right
D) Advertising for ketchup increases demand for ketchup, shifting the demand curve to the left
Correct Answer:
Verified
Correct Answer:
Verified
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