Assume that the supply curve for tomatoes is upward sloping. If the price per pound increases from $0.99 to $1.89, a greater quantity of tomatoes will be supplied to the market.

Question

Quizplus · Accepted Answer

According to the law of supply, as the price of a good increases, the quantity supplied also increases, so a higher price for tomatoes will lead to a greater quantity being supplied.

Assume That the Supply Curve for Tomatoes Is Upward Sloping