A decrease in the supply of farm tractors will cause all but which of the following?

Question

Quizplus · Accepted Answer

A decrease in the supply of farm tractors will lead to an increase in the rental rate for tractors (A) and an increase in the value of the marginal product of tractors (C) due to their scarcity. It may also decrease the rental rate of farmland (B) as less land can be cultivated without sufficient tractors. However, it does not directly cause an increase in the wage of farm workers (D).

A Decrease in the Supply of Farm Tractors Will Cause