Which of the following could cause the supply of carrots to decrease?
A) Consumers' incomes decrease.
B) There is a technological advance in carrot production.
C) Fertiliser costs increase.
D) The number of farmers growing carrots increases.
E) The price of carrots decreases.
Correct Answer:
Verified
Q67: Which of the following will not cause
Q69: The equilibrium price is best defined as
Q71: An improvement in technology will:
A) increase the
Q73: Innisfail banana farmers said that they lost
Q74: If apple growers expect the price of
Q76: The relationship between changes in the non-price
Q77: Equilibrium occurs:
A) at any price for which
Q209: The most plausible reason why changes in
Q224: Which of the following will increase the
Q249: In a market, competitive forces guarantee that
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents