Which of the following is likely to shift the market supply curve for corn in the short run?

Question

Quizplus · Accepted Answer

A change in the price of pesticides will affect the production cost of corn, which will shift the market supply curve for corn in the short run. An increase in the price of pesticides will lead to an increase in production cost and a decrease in supply, shifting the supply curve to the left. Conversely, a decrease in the price of pesticides will result in a decrease in production cost and an increase in supply, shifting the supply curve to the right.

Which of the Following Is Likely to Shift the Market