The development of genetically modified soybean seeds such as Roundup Ready seeds lowered tillage costs for soybean growers.How will this technological advance affect the supply of soybeans?

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The development of Roundup Ready seeds, which allow farmers to control weeds more easily and reduce the need for tillage, will lower the costs of production and increase productivity. As a result, soybean growers will be able to supply more soybeans at a lower cost, leading to an increase in supply. This will result in a movement along the supply curve to the right.

The Development of Genetically Modified Soybean Seeds Such as Roundup