Asked by
Veronica Santana
on Nov 11, 2024Verified
Which of the following is likely to shift the market supply curve for corn in the short run?
A) A change in the price of corn
B) A change in the price of pesticides
C) A change in the number of corn consumers
D) A change in the expectations of consumers about the future price of corn
E) A change in the money income of corn consumers
Pesticides Cost
The economic expenses associated with the purchase and application of chemical substances used to kill or control pests that threaten agricultural production or health.
Market Supply Curve
A graphical representation showing the relationship between the price of a good and the total quantity supplied by all producers.
- Become familiar with the reasons for shifts in the supply curve.
Verified Answer
BN
Learning Objectives
- Become familiar with the reasons for shifts in the supply curve.