Assume that oranges and peaches can both be grown on the same type of land, a decrease in the price of peaches, other things being equal, will cause a(n) :
A) upward movement along the supply curve for oranges.
B) downward movement along the supply curve for oranges.
C) rightward shift of the supply curve for oranges.
D) leftward shift of the supply curve for oranges.
Correct Answer:
Verified
Q127: Which of the following would decrease the
Q128: Which of the following is the least
Q129: Exhibit 3-4 Supply curves Q130: An improvement in a firm's technology that Q131: A reduction in production costs will not Q133: Assume Qs represents the quantity supplied at Q134: A technological improvement in the production of Q135: There is a technological advance in the Q136: If there is a surplus in the Q137: "Because of unseasonable cold weather, much of![]()
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