Which of the following events would cause a movement upward and to the right along the supply curve for mangos?

Question

Quizplus · Accepted Answer

An increase in the price of mangos would cause producers to be willing to supply a higher quantity of mangos, as they would be earning more revenue per unit sold. This results in an upward movement of the supply curve along the quantity axis, as the quantity supplied increases. The movement to the right along the price axis indicates that the price of mangos has also increased. None of the other options would cause a movement upward and to the right along the supply curve for mangos.

Which of the Following Events Would Cause a Movement Upward