If in the market for blueberries, the supply curve has shifted to the left,
A)the supply of peaches has increased.
B)the supply of peaches has decreased.
C)the quantity of peaches supplied has increased.
D)the quantity of peaches supplied has decreased.

Question

Quizplus · Accepted Answer

The question is asking about the supply of peaches, not the demand. A leftward shift of the supply curve for blueberries implies that there is either a decrease in the quantity of blueberries supplied or an increase in the cost of producing blueberries, which would likely decrease the supply of blueberries. This means that there is no change in the supply or quantity supplied of peaches. Therefore, the correct answer is B, the supply of peaches has decreased.

If in the Market for Blueberries, the Supply Curve Has