A drought in California, a region known for its almond trees, would have which of the following effects on the supply of almond beverages?

Question

Quizplus · Accepted Answer

A drought in California would likely reduce the availability of almonds, which are a key input in the production of almond beverages. This reduction in the availability of almonds would decrease the overall supply of almond beverages, leading to a shift to the left of the supply curve. This shift represents a decrease in supply at any given price, not a movement along the supply curve, which would indicate a change in quantity supplied due to a change in price.

A Drought in California, a Region Known for Its Almond