Recall the Application about the decline in honeybee colonies and its effect on the price of ice cream to answer the following question(s). In the last few years thousands of honeybee colonies have vanished, a result of bee colony collapse disorder (CCD). Roughly one third of the U.S. food supply--including a wide variety of fruits, vegetables, and nuts--depends on pollination from bees. The decline of honeybees threatens $15 billion worth of crops in the United States.
-According to this Application, the decline in honeybee colonies has impacted the supply curve for ice cream, shifting the supply curve to the ________ due to a(n)________ in production costs.

Question

Quizplus · Accepted Answer

The decline in honeybee colonies has led to a decrease in pollination, which in turn has decreased the production of fruits, vegetables, and nuts. This has led to an increase in the production costs of inputs used in the production of ice cream, such as strawberries, almonds, and other nuts that are used in many ice cream flavors. As a result, the supply curve of ice cream has shifted to the left, leading to a decrease in the quantity supplied of ice cream at any given price level.

Recall the Application About the Decline in Honeybee Colonies and Its