Multiple Choice
A new cattle feed has been found to increase the amount of milk each cow produces.Which of these is a likely impact in the market for milk,if this cattle feed is used by most of the dairies?
A) A rightward shift of the supply curve for milk
B) A leftward shift of the supply curve for milk
C) An increase in the price of milk
D) An increase in the demand for milk
E) A decrease in the quantity demanded of milk
Correct Answer:
Verified
Correct Answer:
Verified
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