In the long run,the number of producers in an industry may change.If the number of farmers growing soybeans increases,ceteris paribus,then
A) the supply curve of soybeans will shift inward to the left.
B) the demand curve of soybeans will shift inward to the left.
C) the demand curve of soybeans will shift outward to the right.
D) the supply curve of soybeans will shift outward to the right.
Correct Answer:
Verified
Q100: An increase in demand is shown graphically
Q101: The equilibrium or market-clearing price occurs where
A)quantity
Q102: Which of the following is a determinant
Q103: Which of the following will cause a
Q104: Table 3-2 Q106: Which of the following will shift today's Q107: A new government subsidy paid to the
![]()
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