If good growing conditions increase the supply of strawberries and hot weather increases the demand for strawberries, the quantity of strawberries bought__________ .

Question

Quizplus · Accepted Answer

If there are good growing conditions, the supply of strawberries will increase. This will lead to a shift in the supply curve to the right, causing the equilibrium price to fall and the quantity to increase.

If there is hot weather, the demand for strawberries will increase. This will lead to a shift in the demand curve to the right, causing the equilibrium price to rise and the quantity to increase.

Therefore, if both of these events occur, the quantity of strawberries bought will increase, but the price might rise, fall, or not change depending on the relative magnitudes of the shifts in supply and demand.

If Good Growing Conditions Increase the Supply of Strawberries and Hot