A severe drought has damaged this year's lettuce crop. The initial effect on the lettuce market is a

Question

Quizplus · Accepted Answer

A severe drought affecting the lettuce crop would directly result in a decrease in the supply of lettuce, as the adverse weather conditions would reduce the amount of lettuce that can be grown and harvested. This does not initially affect the demand for lettuce, which is determined by consumers' preferences and purchasing power.

A Severe Drought Has Damaged This Year's Lettuce Crop