As a result of technological innovation, automated water pumps are being installed on the farms of Kenyan tomato farmers. As a result of the increased use of automated water pumps, the equilibrium price of tomatoes will:

Question

Quizplus · Accepted Answer

The increased use of automated water pumps will lead to a rise in supply, as farmers will be able to water their crops more efficiently and effectively. This increase in supply will shift the supply curve to the right, leading to a decrease in equilibrium price. Therefore, the best choice is D - fall, due to a rise in supply.

As a Result of Technological Innovation, Automated Water Pumps Are