10. Producers of strawberries have seen a rightward shift of the supply curve for strawberries. Which...
10. Producers of strawberries have seen a rightward shift of the supply curve for strawberries. Which of the following choices likely explains this rightward shift?
|
a. |
The price of labor used in harvesting strawberries has increased |
|
b. |
Technology has improved in the harvesting of strawberries |
|
c. |
The price of fertilizer used in growing strawberries has increased |
|
d. |
The number of strawberry sellers has decreased |
|
e. |
Strawberry growers expect lower market prices in the near future |
Homework Answers
The correct answer is option b) because this will increase the productivity of the labor employed in the process of harvesting thus supply will increase.
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10. Producers of strawberries have seen a rightward shift of the
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